Dear 58COIN Users,
The quarterly contract started the twelfth settlement in the third quarter of 2020 at 17:58 (UTC +8) on September 18th. 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.
Reminder: All categories of the quarterly contract will be delivered at 17:58 next Friday (September 25). After delivery, all user positions will be closed at the delivery price and all pending orders will be cancelled. Please make sure to timely 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.
September 18, 2020