Huobi Global to Merge Cross and Isolated Margin Account for USDT-M Futures

Dear Huobi Global Users,

To enhance trading efficiency, improve the trading experience, and streamline asset management, Huobi Global officially launched the merged cross and isolated margin account for USDT-M futures on September 30, 2022.

There is now only one account for USDT-M futures trading, namely the USDT-M futures account. Isolated margin accounts will no longer be created for trading symbols. Any relevant trading actions and asset transfers will be carried out under the USDT-M futures accounts.

Users' assets and positions in the old USDT-M futures accounts will be moved to the merged accounts, as described below:

1. Assets in isolated and cross-margin accounts for USDT-M futures will both be moved to the merged USDT-M futures account, without any impact on the total assets. Isolated margin accounts no longer exist.

2. The existing one-way and hedge positions under the cross-margin account will be moved to the merged USDT-M futures account without any changes to the opening prices, position size, or equity.

3. The existing one-way and hedge positions under the isolated-margin account will be moved to the merged USDT-M futures account without any changes to the opening prices, position size, or equity.

 

This adjustment does not affect API users. New API users can contact their account managers to arrange the old account settings, i.e. the one with both cross margin account and isolated margin account.

 

Thank you for your support.

 

Huobi Global

September 28, 2022

 

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Huobi Global reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.