OKX to change MR4 (basis risk factor) parameters in portfolio margin mode
تم النشر في 7 يوليو 2023تم التحديث في 4 أبريل 20242 دقيقة قراءة
To enhance capital efficiency for basis trading in portfolio margin mode，OKX will adjust the MR4 (basis risk factor) parameters at 8:30 am UTC on July 12, 2023. The specific changes are as follows:
| Underlying currency | Before: maximum forward price move | After: maximum forward price move |
|---|---|---|
| BTC and ETH | 1.5% | 0.6% |
| LTC, BCH, EOS, OKB, DOT, BSV, LINK, FIL, ADA, TRX, UNI and XRP | 2% | 0.8% |
| Others | 2.5% | 1% |
MR4: Basis risk arises from differences in contract prices for the same underlying with different expiry dates. The futures with further away expiry dates are likely to be more volatile than the futures that are closer to expiry. It measures the risk of change in forward price across different expiry dates.
For details on MMR rules in portfolio margin mode, refer to Ⅴ. Portfolio Margin mode: cross margin trading.
OKX
July 7, 2023