Reduction in Base Maintenance Margin – XBT and ETH Series – 5 May 2020

We have reduced our Base Maintenance Margin requirements for our XBT Series and ETH Series products today, 5 May 2020, with effect from 02:00:00 UTC as part of an ongoing trial period. Base Initial Margin requirements remain unchanged.

Please note that the cap on the absolute Funding Rate will change in line with its definition as 75% x (Initial Margin – Maintenance Margin) and the cap on Funding Rate changes between Funding Intervals (75% of Maintenance Margin) will also reduce.

Please see our blog post for further details.