To enhance market liquidity and expand trading opportunities, OKX will adjust the expiration date rules for ETH coin-margined USD futures contracts. Effective June 21, 2024, at 4:00 PM (UTC+8), the platform will transition from offering four expiration dates (weekly, bi-weekly, quarterly, and bi-quarterly) to six (weekly, bi-weekly, monthly, bi-monthly, quarterly, and bi-quarterly).
Key Adjustments
ETHUSD Contract Generation
After the delivery of contracts expiring on June 21, 2024, the following new contracts will be generated:
- ETHUSD: Expiring June 28, 2024
- ETHUSD: Expiring July 5, 2024
- ETHUSD: Expiring July 26, 2024
- ETHUSD: Expiring August 30, 2024
- ETHUSD: Expiring September 27, 2024
- ETHUSD: Expiring December 27, 2024
Contract Generation Rules
| Feature | Supported Contracts (BTCUSDT, BTCUSD, ETHUSD) | Other Contracts |
|---|---|---|
| Expiration Types | 6 contracts: weekly, bi-weekly, monthly, bi-monthly, quarterly, bi-quarterly | 4 contracts: weekly, bi-weekly, quarterly, bi-quarterly |
| Delivery Times | Weekly: Fridays at 4:00 PM (UTC+8) Monthly: Last Friday of the month Quarterly: Last Friday of March, June, September, December | Weekly: Fridays at 4:00 PM (UTC+8) Quarterly: Last Friday of March, June, September, December |
| Listing Schedule | New contracts launch weekly at 4:00 PM (UTC+8). Bi-weekly/monthly/quarterly contracts are added if expiration dates differ from existing contracts. | Same as supported contracts but excludes monthly listings. |
Why This Matters
👉 Maximize your ETH trading potential with expanded contract options. This update offers:
- Greater flexibility for hedging and speculation.
- Improved liquidity across multiple timeframes.
- Streamlined rollover strategies with staggered expirations.
FAQ Section
Q: Will existing positions be affected?
A: No. Current positions automatically migrate to the new structure without action required.
Q: How does this benefit traders?
A: More expiration dates allow precise alignment with market outlooks and risk management plans.
Q: Are fees changing?
A: Fee structures remain unchanged for all contract types.
OKX remains committed to delivering innovative products and exceptional service. Trade smarter with our enhanced ETH futures lineup!
👉 Explore ETH futures today.