Tick Size Adjustment on ETP Trading Pairs (2021/08/11)

 Trading FAQs    |      2021-08-11

Dear Users,

To enhance market liquidity and improve your trading experience, Huobi Global will adjust the tick size (i.e. the minimum change in the unit price) of certain ETP (exchange-traded product) trading pairs including BTC*(-3)/USDT, ETH*(-3)/USDT, LINK*3/USDT, LINK*(-3)/USDT, LTC*(-3)/USDT, and XRP*3/USDT at 10:00 on August 11 (UTC).

ETP trading and other functions will not be affected by the tick size adjustment. Please adapt your trading strategies accordingly to avoid negative impacts on your trading. You may find the adjustment details below.

Trading Pairs

Tick Size Before Adjustment

Tick Size After Adjustment

BTC*(-3)/USDT

0.000001

0.00000001

ETH*(-3)/USDT

0.00000001

0.0000000001

LINK*3/USDT

0.0001

0.000001

LINK*(-3)/USDT

0.00000001

0.0000000001

LTC*(-3)/USDT

0.00000001

0.0000000001

XRP*3/USDT

0.0001

0.000001

For Example:

  • BTC*(-3)/USDT before adjustment (6 decimal places): 0.000524
  • BTC*(-3)/USDTT after adjustment (8 decimal places): 0.00052415

 

 

Risk Reminder: There is a possibility that the NAV of ETP can become zero or the product will be removed due to inherent market risk, high fees, slippage, rebalance algorithm frontrunning, and any other perceived unknown risks associated with ETP.

We apologize for any inconvenience caused and thank you for your support.

 

Huobi Global

August 11, 2021

 

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Huobi Global reserves the right in its sole discretion to amend, revise, or cancel this announcement at any time and for any reasons without prior notice.