Dear valued customers,
In order to promote the market liquidity and provide more trading opportunities, we launched the bi-monthly contract for BTCUSD options on September 28th. This time we decide to adjust the ETHUSD&EOSUSD expiration rules of the option contract. The expiration with one-day, two-day, weekly, biweekly, monthly, quarterly, and bi-quarterly will be extended to one-day, two-day, weekly, biweekly, monthly, bi-monthly, quarterly, and bi-quarterly. The details are as follows:
1. 8:00 a.m. on October 10, 2020 (UTC):
After the settlement of the day, bi-monthly option contracts with the expiration date of November 27, 2020 will be generated. The contracts to be available in the option market on the day will be:
a) One-day contracts to be expired on October 11, 2020
b) Two-day contracts to be expired on October 12, 2020
c) Weekly contracts to be expired on October 16, 2020
d) Bi-weekly contracts to be expired on October 23, 2020
e) Monthly contracts to be expired on October 30, 2020
f) BI-monthly contracts to be expired on November 27, 2020
g) Quarterly contracts to be expired on December 25, 2020
h) Bi-quarterly contracts to be expired on March 26, 2021
2. Generation rules of Bi-weekly option contract:
When the expiration date does not overlap, bi-monthly option contract is generated 2 weeks before the expiration of the monthly option contract. Except for the first launch, bi-monthly option contract is generated on the third last Friday of the two months before the expiration date.
At the same time, the monthly option contract will not be actively generated, and all are converted from bi-monthly option contract.
For example: on November 13, 2020, the bi-monthly option contract with the expiration date of January 29, 2021.The contracts to be available in the option market on the day will be:
a) One-day contracts to be expired on November 14, 2020.
b) Two-day contracts to be expired on November 15, 2020.
c) Weekly contracts to be expired on November 20, 2020.
d) Bi-weekly contracts to be expired on November 27, 2020.
e) Monthly contracts/Quarterly contracts to be expired on December 25,2020.
f) Bi-monthly contracts to be expired on January 29, 2021.
g) Bi-quarterly contracts to be expired on March 26, 2021.
Thank you for your continuous support and we assure you our best services at all times.
Regards,
OKEx
October 9, 2020 (UTC)
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