OKEx to adjust spot / margin and contract trading tick sizes
BRAZILIEX
Related type: Others
2021-12-27 16:29
In order to boost market liquidity and improve trading experience, OKEx will be adjusting the tick sizes for various pairs in the spot / margin and contract trading markets between 6:00–7:00 am UTC on Dec. 31.
Note: If a pair is tradable in both spot and margin markets, the adjustment will be applicable to both.
Specific adjustment details are as follows:
Trading market
Pairs
Before
After
Spot
BAND/USDT
0.0001
0.001
Spot
CVC/USDT
0.00001
0.0001
Spot
ENS/USDT
0.0001
0.001
Spot
FTM/USDT
0.00001
0.0001
Spot
GRT/USDT
0.00001
0.0001
Spot
LPT/USDT
0.001
0.01
Spot
LRC/USDT
0.00001
0.0001
Spot
NEAR/USDT
0.0001
0.001
Spot
OMG/USDT
0.0001
0.001
Spot
QTUM/USDT
0.0001
0.001
Spot
REN/USDT
0.00001
0.0001
Spot
SAND/USDT
0.00001
0.0001
Spot
SRM/USDT
0.0001
0.001
Perpetual swaps
BANDUSDT
0.0001
0.001
Perpetual swaps
CVCUSDT
0.00001
0.0001
Perpetual swaps
FTMUSDT
0.00001
0.0001
Perpetual swaps
GRTUSDT
0.00001
0.0001
Perpetual swaps
GRTUSD
0.00001
0.0001
Perpetual swaps
LPTUSDT
0.001
0.01
Perpetual swaps
LRCUSDT
0.00001
0.0001
Perpetual swaps
NEARUSDT
0.0001
0.001
Perpetual swaps
OMGUSDT
0.0001
0.001
Perpetual swaps
QTUMUSDT
0.0001
0.001
Perpetual swaps
QTUMUSD
0.0001
0.001
Perpetual swaps
RENUSDT
0.00001
0.0001
Perpetual swaps
SANDUSDT
0.00001
0.0001
Perpetual swaps
SRMUSDT
0.0001
0.001
Existing orders will not be canceled because of the adjustment, and users should take note of the following:
1. Open orders and historic orders will be displayed with the adjusted tick sizes by rounding down the buy orders and rounding up the sell orders.
2. After the adjustment, existing orders, including those placed by API users, will still be filled according to the original tick sizes.
For example, if a tick size is adjusted to 0.01 from 0.0001, an order originally placed at the price of 130.2442 will be displayed as 130.24 but will still be filled at 130.2442.
3. After the adjustment, if an API user places an order using the older, pre-adjustment tick size, the order still can be filled, as the system will automatically adjust the tick size to be consistent with the new one. As for non-API users, they can no longer use an older tick size after the adjustment.
Users are encouraged to adjust their trading strategies based on the changes highlighted above.
For any inquiries regarding this adjustment, please feel free to contact us in the OKEx Telegram group or via the Support Center.
OKEx
Dec. 27, 2021
Click here to download the OKEx mobile app >>>
Click here for the official OKEx Twitter account >>>
Click here to join the official OKEx Telegram community >>>