Notice of Adjustment on Margin Call Coefficient and Trading Fees

Published on Jan 18, 20182 min read

Dear Customers,

We are adjusting the margin call coefficient and maker-taker fee schedule of futures trading at 14:00, Jan 19, 2018 (Hong Kong Time, UTC +8):

1. The margin call coefficient of LTC, BCH, ETH and ETC futures trading will be adjusted as follow:

The coefficient of 10x leverage will be decreased from 20% to 10%;
The coefficient of 20x leverage will be decreased from 40% to 20%.

Fixed-margin margin ratio = (Margin + UPL)/Position margin - adjustment coefficient
Cross-margin margin ratio = Equity balance/Position margin - adjustment coefficient

If the investor's margin ratio breaches 0%, a margin call will be triggered. Essentially:
For LTC 10x contract, if the loss has reached 90% of the position margin, a margin call will be triggered.
For LTC 20x contract, if the loss has reached 80% of the position margin, a margin call will be triggered.

2. The maker-taker fees of LTC futures will be adjusted as follow:
Maker fee: -0.025%
Taker fee: 0.075%
Settlement fee: 0.05%

Makers will earn a 0.025% trading fee for a resting filled order, regardless of opening or closing positions.

Thank you for your kind attention. In addition, we are bringing EOS, XRP and BTG futures live soon. Please stay tuned.

OKX
19 Jan 2018