BitMEX reduced its Base Maintenance Margin requirements for the XBT Series and ETH Series today, 17 April 2020, at 0100 UTC for a trial period. Base Initial Margin requirements remain unchanged. The reduced requirements are:
|Symbols||Previous MM%||New MM%|
|XBTUSD, XBTM20, XBTU20||0.50%||0.45%|
Please note that the cap on the absolute Funding Rate will increase (defined as 75% x (Initial Margin – Maintenance Margin)). The cap on Funding Rate changes between Funding Intervals (defined as 75% of Maintenance Margin) will reduce.
Please see our blog post for further details.