Today, 30 July 2020, our latest product – LTCUSD quanto perpetual swap contract – went live. 

Trading started here at 04:00 UTC – see the full contract specs on our website.

We have today (29 July 2020) reduced our Base Maintenance Margin requirements for our XBT Series and ETH Series products with effect from 02:00:00 UTC as part of an ongoing trial period.  Base Initial Margin requirements remain unchanged.

Please note that the cap on the absolute Funding Rate will change in line with its definition as 75% x (Initial Margin – Maintenance Margin) and the cap on Funding Rate changes between Funding Intervals (75% of Maintenance Margin) will also reduce.

Please see our blog post for further details.

On 29 July 2020 at 02:00:00 UTC we will reduce the Base Maintenance Margin requirements for our XBT Series and ETH Series products as part of an ongoing trial period.  Base Initial Margin requirements will be unchanged.

Affected contracts and corresponding Base Maintenance Margin requirements will be:

These changes will be reviewed on an ongoing basis, and the end of this trial period will be announced with 1 week’s notice.

Please see our blog post for further details.

Effective 18 Jul 2020 at 09:00 UTC, BitMEX will reintroduce Bitstamp into its .BXBT index.  The detailed constituents of the .BXBT index are listed in the blog post.

Starting on 16 July 2020, submitting a bulk order request that contains duplicate clOrdIDs will no longer be allowed. This update to bulk order request handling matches how single order requests are handled (they require a unique clOrdID per order). 

From 16th July 2020, bulk order requests that contain duplicate clOrdIDs will be rejected with the message: “Duplicate clOrdID”. 

This functionality update is part of the ongoing simplification of our API. If you have any further questions, please contact Support.