Modification of Long Swap Rates for Cryptocurrency Products

Dear Valued Clients,

With the current bullish trend in cryptocurrencies, long positions for all cryptocurrency products (excluding USDTJPY) are incurring interest rate. Our company would have to reflect this on clients positions as well.

This adjustment will take effect at End of Day, 1 April 2024. The Short swap rate will stay unchanged at 0%.

We would also like to take this opportunity to also highlight that swap rates may fluctuate. We would recommend that you monitor your positions closely to ensure that there are sufficient funds to maintain your open positions.

If you have any questions or require any assistance, please do not hesitate to contact us.