OKX Scheduled Five Stock Perpetuals to Open in 15-Minute Steps

OKX scheduled five Tether (USDT)-margined stock perpetual contracts for ADI, FLEX, MELI, PEP and UMC to open Nov. 2, adding five stock-linked markets to the exchange’s derivatives lineup. The openings were scheduled for 6:30 a.m. ET (11:30 UTC), then at 15-minute intervals through 7:30 a.m. ET (12:30 UTC). The contracts were designed for around-the-clock trading. Funding fees are normally settled every eight hours. If the funding rate reaches its cap or floor when a fee is charged or paid, the settlement interval automatically shifts to hourly. The schedule follows OKX’s Oct. 20 schedule for five other U.S.

Source: TokenPost