Expert Chaslau Koniukh
  • Biography
  • Analytics
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Market terminology
  • Stock Market
  • World exchanges
Singapore Exchange

Huobi Singapore Exchange introduces new tools for traders

01.03.2021
2 min read

Huobi Singapore Exchange has announced the platform: overview of changes

Singapore Huobi Exchange recently released an update to its Huobi Derivative Market platform and announced another innovation – two-quarter cryptocurrency futures. The latter are supported by 9 types of electronic money and 36 trading pairs. Trading operations under this scheme is possible with the use of leverage up to 125x.
The function of applying two-week contracts was launched in June this year. The exchange has futures on Bitcoin, Tron, Ethereum and other crypt. Their release takes place on every third Friday of the last month of the quarter, and the contracts are valid until the last Friday of the half year. When these futures become available, the other contracts that were in circulation are converted into quarterly contracts. The first batch of new contracts should be sold on December 25 of this year.
According to the management of the exchange, such innovations will expand options for trading operations for traders. Now they can open positions even when the account balance is lower. Due to a longer period of contract execution, the commission charged for the work will be reduced.
The higher the leverage multiplier, the less funds are needed to open a position. This pattern allows you to get a large profit.
In addition to two-quarter futures for the cryptocurrency, Huobi introduced a new function on the platform – “Blocked margin option”. It is used to reduce trading costs and increase return on investment.

Singapore Exchange

The Singapore Stock Exchange holds leading positions in its crypto derivative products segment. It ranks first in the number of futures contracts for Bitcoin and Ethereum. Transactions with Bitcoin worth $3.73 billion per day and with Ethereum worth $1.2 billion are conducted on the exchange.
Leverage for perpetual swaps on the exchange is 125x. This indicator shows that the trader’s initial investment can grow by 125 times. However, despite the high potential profit, in this case the risk of losses increases. Therefore, such instruments may be used only by institutional and professional investors.
Other exchanges, for example BitMex and OKEx, do not place a high leverage, but limit themselves to 100x. Huobi explained that the new feature allows for more precise risk management and provides a partial liquidation option and a liquidation switch.
The Singapore Stock Exchange is introducing various instruments, which will allow for successful interaction in the market in conditions of its instability. The platform offers innovations to minimize risks and maximize profits.
Huobi also wants to expand the possibility of using perpetual swaps for various types of cryptocurrencies.

Share
0
Previous Post BKS Broker: the best currency for savings Next Post Foreign direct investment flows declined as a result of the pandemic

You Might Also Like

The best stock exchanges in the world
World exchanges
Best stock exchanges in the world: India’s oldest stock exchange
04.07.2020
Poloniex stock exchange
World exchanges
Poloniex cryptocurrency exchange launches its own IEO-platform
11.12.2020
minimize risks
World exchanges
Bank of Russia recommends the Moscow Exchange to minimize the risks of contracts with negative prices
10.04.2021
European stocks
World exchanges
How European stocks react to current processes in the world market
02.09.2020
American stock indexes
World exchanges
How U.S. stock indexes behave in the midst of coronavirus spreading
02.10.2020
Norwegian oil
World exchanges
How Norwegian oil helped the country become an ideal place to live
14.07.2020

Recent Posts

  • 1minimize risks
    Bank of Russia recommends the Moscow Exchange to minimize the risks of contracts with negative prices
    10.04.2021
  • 2Disney Plus
    Corporation analysts: prospects of Disney Plus streaming service
    09.04.2021
  • 3Tencent Company
    Tencent company pressed Facebook and became the leader of the social networks segment
    08.04.2021
  • 4financial trap
    The Chinese government can expect a financial trap
    07.04.2021
  • 5Ingvar Kamprad
    Ingvar Kamprad: biography of the founder of the famous IKEA store chain
    06.04.2021

Popular Posts

  • Dentsu Aegis Network: how the advertising market will change in 2020-2021 0
  • How the Frankfurt Exchange Deutsche Börse works 0
  • What is a clearing activity in the market and its advantages 0
  • Karl Persson: As heir of H&M managed to make the company famous worldwide 0

Social

Editor's Picks

Chaslau Koniukh

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

minimize risks
Bank of Russia recommends the Moscow Exchange to minimize the risks of contracts with negative prices
10.04.2021
Disney Plus
Corporation analysts: prospects of Disney Plus streaming service
09.04.2021
Tencent Company
Tencent company pressed Facebook and became the leader of the social networks segment
08.04.2021

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh is an international financial expert, a professional investor, an experienced analyst and a practicing trader. He advises European entrepreneurs; holds lectures on investment topics; is the author of scientific articles on work at the stock market.

Recent Posts

  • 1Caesars Entertainment
    Caesars Entertainment Company now owned by Eldorado Resorts
    11.04.2021
  • 2minimize risks
    Bank of Russia recommends the Moscow Exchange to minimize the risks of contracts with negative prices
    10.04.2021
  • 3Disney Plus
    Corporation analysts: prospects of Disney Plus streaming service
    09.04.2021
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Youtube
  • Instagram
  • Biography

Expert Chaslau Koniukh: brief biography and path of formation

Let’s Socialize