Crypto exchange OKEx launches new portfolio margin system

OKEx, a popular cryptocurrency spot & derivatives exchange, today announced the launch of a new advanced mode for professional traders — portfolio margin. The portfolio margin trading mode is available on the platform’s web and API versions as of today. This new portfolio margin feature on OKEx is designed for high-volume professional traders, including market…
Crypto exchange OKEx launches new portfolio margin system

OKEx, a popular cryptocurrency spot & derivatives exchange, today announced the launch of a new advanced mode for professional traders — portfolio margin. The portfolio margin trading mode is available on the platform’s web and API versions as of today.

This new portfolio margin feature on OKEx is designed for high-volume professional traders, including market makers and institutions, looking to substantially reduce their capital requirements.

OKEx’s version of this trading mode allows for multiple-currency portfolio margining — meaning that a trader can open derivatives positions with significantly reduced margin requirements across multiple currencies at the same time.

A risk management system similar to portfolio margin — standardized portfolio analysis of risk, or SPAN — was first pioneered for market participants by the world’s largest derivatives exchange, CME Group.

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Cross-chain trade router Swing adds support for Binance Smart Chain (BSC)
Read More

Cross-chain trade router Swing adds support for Binance Smart Chain (BSC)

Swing is cross-chain infrastructure for major EVM networks such as Polygon, BSC, Avalanche, Moonriver, Harmony, xDai, Arbitrum, Fantom and more. It aggregates major liquidity sources and bridges to execute the best price and lowest slippage on trades and transfers... Related News Nervos, a collection of protocols and public blockchain network, today announced the launch of…
Blockchain identity passport platform Quadrata raises $7.5 million in seed round
Read More

Blockchain identity passport platform Quadrata raises $7.5 million in seed round

Related News Armadillo, a multi-chain impermanent loss (IL) protection solution powered by the Crypto Volatility Index (CVI) from COTI, will be using Chainlink Keepers on Polygon to automate IL protection payout. CVI operates a basket of... Read more CoinLoan, a licensed crypto lending platform, recently partnered with Blaze Information Security (Blaze), a cybersecurity firm with…
Crypto trading plaform Coinigy adds support for FTX US
Read More

Crypto trading plaform Coinigy adds support for FTX US

Coinigy, a cloud-based cryptocurrency trading platform that connects to more than 45 exchanges, has announced the addition of the FTX US crypto exchange to its trading platform. Coinigy subscribers can now access charts, check balances, and trade on FTX US. The Coinigy platform allows users to consolidate trades across exchanges. “We’re excited to add FTX…
ETH wallet MEW enhances its crypto/fiat gateway with MoonPay
Read More

ETH wallet MEW enhances its crypto/fiat gateway with MoonPay

MEW (MyEtherWallet), a platform to access the Ethereum ecosystem, today announced the integration of MoonPay, a crypto payments infrastructure company. This integration will provide a new fiat on-ramp for MEW users, while also introducing a fiat off-ramp for enhanced operations in and out of the MEW platform. Starting now, MEW users will be able to…