On 12 November 2024 at 02:25 UTC, we reduced the Base Initial Margin and Base Maintenance Margin requirements for two contracts: DOGEUSD and DOGEUSDT.
From now, these changes will apply to new positions, new orders and any leverage or Risk Limit changes, applied to existing positions or existing orders. The current Margin requirements for our products can be found here.
Below you will find the affected contracts and their new Base Maintenance Margin and Base Initial Margin requirements.
|
Contracts |
Base Maintenace Margin |
Base Initial Margin |
|
DOGEUSD, DOGEUSDT |
0.50% |
1.00% |
The Impact of These Changes for the Affected Contracts
Under all Risk Limits:
- Initial Margin requirements will decrease, so Bankruptcy Price will move closer to the Average Entry Price and Maximum Leverage available will increase.
- Maintenance Margin requirements will decrease, so Liquidation Price will move closer to Bankruptcy Price and the amount of Maintenance Margin lost in the event of liquidation, will decrease.
- The difference between Initial Margin and Maintenance Margin will decrease, the Liquidation Price will move closer to the Average Entry Price.
In the meantime, if you have any questions please contact Support.