Dear 58COIN users,
Delivery Contract has completed the week 25 settlement at 17:58 (UTC +8), July 12 and was also the week 14 settlement after the implementation of the isolated margin model. During the process, the apportioning mechanism has never been activated.
After the weekly mark-to-market, your positions change as follows:
- The unrealized profit and loss become realized.
- Margin, PNL, etc. of the holding positions will be recalculated at the settlement price.
- The funds can be transferred after the settlement.
- User equity does not change.
Special Reminder: The 7 six-month delivery contracts, including BTC0726, EOS0726, ETH0726, LTC0726, XRP0726, ETC0726, and TRX0726, will be delivered two weeks later at 17:58 (UTC +8), July 26. By then, after the delivery, all the holding positions will be closed at the delivery price and all the orders will be canceled. Please adjust your positions in advance.
By adhering to the operating principle of “Customer First, Safety, Strength and Trust”, 58COIN devotes to creating a safe, transparent and reliable digital asset service environment for traders.
July 12, 2019