Update on Rollback of All Futures Contracts Data

Dear valued customers,

After a detailed evaluation by our team, we will employ the following solution:

To prevent forced-liquidations due to price differences after the settlements in "bi-weekly" and "quarterly" futures contracts, we will rollback the transactions as mentioned, and all futures contracts will be delivered at 00:00 Mar 31, 2018 (Hong Kong Time). Further announcement will be made if there are any changes in delivery time.

Rollback details:

1. OKX will rollback all the data of weekly, bi-weekly and quarterly futures contracts of all tokens to 4:47 Mar 30, 2018 (Hong Kong time).

2. All weekly, bi-weekly and quarterly futures contracts will be delivered. After delivery, all open orders will be cancelled, and all holding positions will be closed at the delivery price.

Weekly futures contract delivery price: The last traded price of the weekly futures contract after the rollback.

Bi-weekly futures contract delivery price: The last traded price of the bi-weekly futures contract after the rollback.

Quarterly futures contract delivery price: The last traded price of the quarterly futures contract after the rollback.

3. After delivery, new contracts with delivery dates "0406", "0413" and "0629" of all the tokens will be generated.

4. When delivery is completed, trading will resume.

We will keep you posted on any further update from the team.

Regards,
OKX

13:17 Mar 30, 2018