HTX to Merge Cross and Isolated Margin Account for USDT-M Futures
- Important Announcement
Dear HTX Users,
To enhance trading efficiency, improve the trading experience, and streamline asset management, HTX 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.
HTX
September 28, 2022
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HTX 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 HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.
