Huobi Futures Will Suspend Generating New Bi-quarterly Futures and Options

 Trading FAQs    |      2021-06-09

Dear Valued Users,

To protect interests of our users from the recent significant market fluctuations, improve the liquidity and depth of other periodical contracts, as well as reduce risks that derivatives trading may bring, Huobi Futures will cease generating new Bi-quarterly coin-margined futures after the delivery of Weekly futures at 8:00 am on June 11, 2021 (UTC). The generation and trading of new Weekly, Bi-weekly and Quarterly futures remain unaffected.

Meanwhile, after the delivery of the Weekly options, Huobi options will no longer generate new options with expiration date after June 25, 2021. The existing options remain unaffected and are available for trading prior to the delivery.

 

Please note that user asset safety remains unaffected. It is recommended that users make corresponding arrangements in advance.

 

Risk Reminder: Digital asset derivatives are innovative investment products with significant price fluctuations. Trading digital asset derivatives carries a high level of risk. Violent fluctuations may lead to forced liquidation of all margins. Please judge your investment tolerance rationally and make your decisions prudently.

Anything contained in any of Huobi Futures' promotions, announcements, banners or other publications should not be considered as trading advice or recommendations. Huobi Futures will not bear any direct/ indirect losses arising from reliance on such information or take responsibilities such as guarantees and compensation for any trading behaviors.

 

Huobi Futures

June 8, 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.