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OKEx to Adjust Ticksize of Spot/Margin Trading

OKEx 2020-12-24 13:27 相关类型 其它

Dear users,

In order to boost the market liquidity and improve users’ trading experience, OKEx decides to adjust the ticksize of some pairs in spot/ margin trading market at 7:00-7:10(UTC) on December 30,2020. Details as follows:

Scope (if the pair is tradable in spot and margin market, the adjustment will work for both)

Pairs

Before

After

Time

BTM_USDT

0.0001

0.00001

7:00-7:10

BTT_USDT

0.000001

0.0000001

JST_USDT

0.0001

0.00001

REN_USDT

0.001

0.0001

RSR_USDT

0.0001

0.00001

ZEN_USDT

0.01

0.001

 

The existing orders will not be canceled because of the adjustment. Details as follows:

1. The open orders and history orders will be displayed with the adjusted ticksize by rounding down the buy orders and rounding up the sell orders, keeping the decimals being the multiple integer of the ticksize.

2. After the adjustment, the existing order will still be filled at the price with the original ticksize, which can be applied for API users as well.

Eg. The ticksize is adjusted to 0.01 from 0.0001. After adjustment, the order placed at the price of 130.2442 will be displayed in 130.24, but still filled at 130.2442i.e., the filled price returned by API is also 130.2442.

3. After the adjustment(let’s say adjust from 0.0001 to 0.01), if API users place an order by entering an amount with the ticksize of 0.0001, the order still can be filled, as the system will automatically keep the ticksize consistent with the adjusted ticksize. As for non-API users, they can no longer enter an amount with the ticksize of 0.0001 when placing an order.

Please adjust your trading strategies based on the changes in advance. We apologize for any inconvenience caused!

Thank you for your continued support and we assure you our best services at all times.

Regards,
OKEx
Dec 24, 2020

 

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