Tomorrow at 17:30, Binance will list the NUUSDT perpetual. The ticker looks familiar: the underlying is a NYSE-listed stock.
Announcement at 17:45 today: NUUSDT will be listed on Nov. 12 at 17:30 (Beijing time), followed by FRHCUSDT at 17:45. Both are U-margined TradFi perpetuals. NU’s underlying is Nu Holdings (NYSE: NU, the company behind Nubank); FRHC is Freedom Holding Corp. on the Nasdaq.
These are Binance perpetuals, trading 24 hours a day. The underlying stocks have opening and closing hours, but the contracts trade independently while the stock market is closed, so they may not track the overnight stock price. No corresponding bStocks are available for now.
The contract hasn’t opened yet, but the NU index is already listed. At 19:11, the Binance Futures index price was 12.419; the 18:00 one-hour index candle opened at 12.196. This is the index, not the trading price. The FRHC index isn’t available yet. The old NUUSDT listing in Spot has a price and volume of 0, so don’t confuse it with tomorrow’s listing.
Funding is settled every 8 hours, with a limit of ±2%. Hitting the limit won’t automatically switch settlement to hourly.
When trading opens tomorrow afternoon, first watch the trading volume and the price gap relative to the index.
#TradFi $NU $FRHC
Announcement at 17:45 today: NUUSDT will be listed on Nov. 12 at 17:30 (Beijing time), followed by FRHCUSDT at 17:45. Both are U-margined TradFi perpetuals. NU’s underlying is Nu Holdings (NYSE: NU, the company behind Nubank); FRHC is Freedom Holding Corp. on the Nasdaq.
These are Binance perpetuals, trading 24 hours a day. The underlying stocks have opening and closing hours, but the contracts trade independently while the stock market is closed, so they may not track the overnight stock price. No corresponding bStocks are available for now.
The contract hasn’t opened yet, but the NU index is already listed. At 19:11, the Binance Futures index price was 12.419; the 18:00 one-hour index candle opened at 12.196. This is the index, not the trading price. The FRHC index isn’t available yet. The old NUUSDT listing in Spot has a price and volume of 0, so don’t confuse it with tomorrow’s listing.
Funding is settled every 8 hours, with a limit of ±2%. Hitting the limit won’t automatically switch settlement to hourly.
When trading opens tomorrow afternoon, first watch the trading volume and the price gap relative to the index.
#TradFi $NU $FRHC
