Dear 58COIN Users,
The quarterly contract started the twelfth settlement in the fourth quarter at 17:58 (UTC +8) on December 20. The settlement has been completed and the apportioning mechanism has not been activated.
After the weekly mark-to-market, your positions change as follows:
1. The assets (automatically included in “Available Assets”) in “Unrealized PNL” and “Realized PNL” become transferrable.
2. Margin, PNL, etc. of the holding positions will be recalculated at the settlement price.
3. The funds can be transferred after the settlement.
4. User equity does not change.
Special Reminder: All categories of quarterly contracts will be delivered after two weeks at 17:58 (UTC +8) on December 27. After delivery, all open positions will be closed at the delivery price and all pending orders will be cancelled. Please pay attention to adjust your positions.
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.
December 20, 2019