After signing in, make sure you are in the live trading environment.

Step 1. Select Dated Futures in the dropdown menu.

Given that you are in the trading screen, this is set to Spot by default. Click on the dropdown menu to select Dated Futures.

Step 2. Select your chosen derivative market and the expiry date.

Step 3. You can create an order in Dated Futures the same way as a Spot trade by selecting Market, Limit, or Stop trade order in the Order Form.

Please note: to execute any order, you must have enough Total Account Margin to cover at least the Initial Margin amount. You may view your account information relating to margin on the Order Form.

For more information on Total Account Margin and Initial Margin, visit Margin & Maximum Leverage.

Step 4.

Upon creating your Dated Future order, you may check its status in the Order Blotter. If the order is not filled yet, you will find it under Open in the dropdown. As soon as the order is filled, it will appear under Filled in the dropdown.

You can check your overall Futures positions by selecting Positions in the dropdown.

Dated Futures contracts expire on fixed dates. If you still have an open futures position at the contract expiry, the position will be closed at the contract settlement price (and the unrealized profit or loss added to your account) and the subsequent physical delivery transactions will be executed automatically.

The physical delivery transactions will show a purchase (for long holders of Dated Futures) or a sale (for short holders) of the underlying asset against USDC. These transactions are all executed at the Settlement Price. For a BTC Dated Future, a long holder at expiry will see spot BTC arrive in their account and USDC debited. A short holder will receive USDC and be debited BTC.

If you hold these contracts to expiry, make sure you have sufficient assets in your account to satisfy the margin requirements, including Delivery Margin, or you will risk liquidation. For more information, please see Delivery Margin for Dated Futures Contracts.

For further assistance or more information, please contact our Customer Support team via or click on the chat widget at the bottom right-hand side of the EQONEX page.

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