What is the first notice day for trading cryptocurrency futures?

3 answers

• Dec 15, 2021 · 3 years ago
  The first notice day in cryptocurrency futures trading refers to the day when the exchange notifies traders of their obligation to fulfill the terms of the futures contract. It is usually the first business day after the last trading day of the contract. Traders who hold open positions on the first notice day may be required to either settle the contract by delivering the underlying asset or cash, or roll over their positions to the next contract period. It's an important date to keep in mind as it marks the transition from trading the futures contract to potential delivery or settlement.
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• Dec 15, 2021 · 3 years ago
  When it comes to cryptocurrency futures, the first notice day is like a heads-up from the exchange. It's the day they let you know that if you're still holding a position, you might have to do something about it soon. It's usually the first business day after the last trading day of the contract. So, if you're trading cryptocurrency futures, make sure you're aware of the first notice day and what it means for your positions.
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• Dec 15, 2021 · 3 years ago
  The first notice day is an important milestone in cryptocurrency futures trading. It's the day when the exchange informs traders about their obligations regarding the futures contract. If you have open positions on the first notice day, you may need to take action, such as settling the contract or rolling over your positions to the next contract period. It's crucial to stay informed about the first notice day to manage your trading strategy effectively and avoid any unexpected obligations.
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