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% |
| ETHUSD, ETHM20 | 1.00% | 0.90% |
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.