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Adjustment to leverage for U-Futures

Adjustment to leverage for U-Futures

2021/07/27 18:32:55

Dear FAMEEX users,

In order to align in the interest of consumer protection worldwide, FAMEEX’s U-Futures will start limiting users to leverage adjustment.

Effective time: 2021-07-28 16:00:00(SGT).

Rules of adjustment:

1. Existing users of positions with leverage under or equal 20X will be allowed to adjust no more than 20X leverage.

2. Existing users of positions with leverage exceeding 20X can choose to maintain current leverage but are unable to increase leverage. In the future, users can only adjust leverage under 20X.

3. Existing users of no position will be only allowed to open positions with leverage under 20X.

Apologize for any inconvenience caused. Thanks for your support!

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