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Support CenterOperation guideLimits for U-Futures trading
Limits for U-Futures trading
2022/03/02 20:01:16

Please check our tutorial video to help you solve your problems or understand more regarding related topics.


If you would like to know more details, please read the whole article below.

 

Here is our tutorial video: https://www.youtube.com/watch?v=Lt_v_aDa-Uk



In order to prevent market manipulation and guarantee all of our users trading fairly and safely in our U-Futures contract, FAMEEX adopts a strict risk management system. Here is our system.


1. Number Limit of the Open Orders


(1) The maximum open order of all pairs is 50 orders. No more open orders if exceeded.


(2) If you already have 50 open orders in the order book, you can’t open a new order even with market price.


2. Amount Limit of the Open Orders


The amount limit will apply to below 2 conditions. When the amount of each order needs to be lower than the 30% of total amount on order book and match the leverage of each corresponding position. If it both fits into above 2 conditions, our system will match your order whichever is lower.


FAMEEX’s limits for U-Futures contract trading includes above rules but not only limited to here. If there is any amendment of our rules, we will update on FAMEEX Announcements. Please follow FAMEEX for any updates. 


FAMEEX reserves the right to adjust any limits for U-Futures contract trading in this article. FAMEEX appreciates your understanding and support!

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