If you use Cross Margin, first check your available limits.
Verified facts: The Cross Margin Borrow and Transfer-out collateral ratio update will only affect the amount you can borrow or transfer out under Cross Margin.
My take: This announcement is about limit verification. The old limit cannot be treated as the current limit; borrowing and transferring out must be considered separately. Don’t extrapolate it into balance changes if you’re not using Cross Margin.
What you can do: Open the Cross Margin page and note the two sets of limits. If they don’t match your plan, stop at the confirmation step.
Check points: If the limits aren’t sufficient, scale down the operation or give up on borrowing. If they are enough, then look at other risks.
Verified facts: The Cross Margin Borrow and Transfer-out collateral ratio update will only affect the amount you can borrow or transfer out under Cross Margin.
My take: This announcement is about limit verification. The old limit cannot be treated as the current limit; borrowing and transferring out must be considered separately. Don’t extrapolate it into balance changes if you’re not using Cross Margin.
What you can do: Open the Cross Margin page and note the two sets of limits. If they don’t match your plan, stop at the confirmation step.
Check points: If the limits aren’t sufficient, scale down the operation or give up on borrowing. If they are enough, then look at other risks.