Exchange Announcement Tracking

May 20,2022
OKX: Euromonitor Announcement on Options Contract Multiplier Adjustment Dear OKX users. In order to enhance market liquidity and optimize customer trading experience, Euronext OKX will adjust the contract multipliers for options contracts on May 26, 2022 from 16:00-17:00 (HKT), the detailed adjustment rules are as follows. 🪧 Temporarily do not support table display After this adjustment. The number of sheets at the current order, historical order (involving all limit orders and strategy orders) and position will be adjusted accordingly according to the adjusted contract multiplier. Before and after the change of multiplier, the value of the position and the unit of trading currency of the order remains unchanged. That is, a position with a value of 1 BTC (10 x 0.1) will still have a value of 1 BTC (100 x 0.01) after the adjustment. Example 1: Currently have a position of 30 +BTCUSD-0627-30000C options. When the BTCUSD options contract multiplier is adjusted from 0.1 to 0.01, the position will change to 300. Example 2: There are currently 10 pending orders -ETHUSD-0627-3000C options. When the ETHUSD options contract multiplier is adjusted from 1 to 0.1, the pending order will change to 100. We apologize for any inconvenience caused. OKX will continue to provide you with better products and better services! OKX Team May 20, 2022 (HKT)
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