Cryptocurrency exchange OKEx launches new portfolio margin system »CryptoNinjas
OKEx, one Popular cryptocurrency spot and derivatives exchange, Today announced the launch of a new advanced model for professional traders-Portfolio Margin. The portfolio margin trading model is available on the network and API version of the platform from today.
This new portfolio margin function on OKEx is designed for high-volume professional traders who want to drastically reduce their capital requirements, including market makers and institutions.
This version of OKEx’s trading model allows for multi-currency portfolio margins-which means that traders can open derivatives positions at the same time, while the margin requirements across multiple currencies are significantly reduced.
A risk management system similar to investment portfolio margin-standardized risk portfolio analysis, or SPAN-was first provided by CME Group, the world’s largest derivatives exchange, to market participants.