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      OKX will adjust the option contract multiplier

      OKX's logo OKX

      To improve market liquidity and optimize customer trading experience, OKX will adjust the contract multiplier of option contract from 8:00 to 9:00 (UTC) on April 7, 2022. The detailed adjustment rules are as follows:

      BTCUSDETHUSD
      Before adjustment0.11
      After adjustment0.010.1

      After this adjustment:

      The number of current orders, historical orders and positions will change accordingly according to the adjusted contract multiplier.

      Example 1: there are currently 30 positions btcusd-0627-30000c options. When the multiplier of btcusd option contract is adjusted from 0.1 to 0.01, the position will become 300.

      Example 2: there are currently 10 pending orders - ethusd-0627-3000c options. When the ethusd option contract multiplier is adjusted from 1 to 0.1, the pending orders will become 100.

      Please adjust the trading strategy according to the adjusted rules in time. We apologize for the inconvenience.

      OKX will continue to provide you with better products and better services!

      OKX team

      30 March 2022 (UTC)

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      Read the original article at okex

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