OKEx to adjust tick sizes of futures and perpetual swap

OKX

ประเภทที่เกี่ยวข้อง: Others

2021-03-29 11:06

In order to boost market liquidity and improve trading experience, OKEx will be adjusting the tick sizes for various contracts on futures and perpetual swap at 9:00 am to 9:30 am UTC on Apr. 6. Specific adjustment details are as follows: Contract Underlying Before After Futures BTCUSD 0.01 0.1 Futures EOSUSDT 0.001 0.0001 Futures EOSUSD 0.001 0.0001 Futures XRPUSDT 0.0001 0.00001 Futures XRPUSD 0.0001 0.00001 Perpetual swap 1INCHUSDT 0.001 0.0001 Perpetual swap ALPHAUSDT 0.001 0.0001 Perpetual swap BADGERUSDT 0.01 0.001 Perpetual swap BANDUSDT 0.01 0.001 Perpetual swap CHZUSDT 0.0001 0.00001 Perpetual swap CRVUSDT 0.001 0.0001 Perpetual swap CRVUSD 0.001 0.0001 Perpetual swap EOSUSDT 0.001 0.0001 Perpetual swap EOSUSD 0.001 0.0001 Perpetual swap FILUSD 0.01 0.001 Perpetual swap FILUSDT 0.01 0.001 Perpetual swap FLMUSDT 0.001 0.0001 Perpetual swap KNCUSD 0.001 0.0001 Perpetual swap KNCUSDT 0.001 0.0001 Perpetual swap NEOUSD 0.01 0.001 Perpetual swap NEOUSDT 0.01 0.001 Perpetual swap SUNUSD 0.01 0.001 Perpetual swap SUNUSDT 0.01 0.001 Perpetual swap TORNUSDT 0.1 0.01 Perpetual swap UMAUSDT 0.01 0.001 Perpetual swap XRPUSD 0.0001 0.00001 Perpetual swap XRPUSDT 0.0001 0.00001 Perpetual swap XTZUSD 0.001 0.0001 Perpetual swap XTZUSDT 0.001 0.0001 Perpetual swap LUNAUSDT 0.01 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 0.001 an order originally placed at the price of 330.244 will be displayed as 330.24 but will still be filled at 330.244. 3. If any user had placed an order with the previous tick size prior to the adjustment going into effect, the original tick size will remain unchanged. 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 Mar. 29, 2021   Click Here to Download OKEx App >>> Click Here for OKEx Twitter >>> Click Here to Join OKEx Official Community >>>