Dear valued users,
Advanced limit order function is available on Huobi DM now. Currently Huobi DM only offers Post-only option. But more options will be added in the future.
Post-only orders are limit orders that are only accepted if they are not immediately executed. If the match system filled the Post-only order, the order will be automatically cancelled as to help users place maker orders only. Please note the position limit applies to the Post-only orders but there is no order limit for Post-only orders.
Assuming that the last price of BTC quarterly contract is 10000USD and the ask 1 is 10000.1USD in order book. If a user wants to earn maker rebates and enjoy maker preference, he can choose Post-only option to place maker orders with advanced limit order function. If he sets 10000USD as bid price, the order will not be executed, which means he placed a Post-only order successfully. Whereas, if he sets 10001USD as bid price, the order will be filled by match system but the advanced limit order function will cancel the order immediately so as to help him place maker orders only.
Thanks for your support! Huobi DM assure you the best service as always!
Huobi Derivative Market
October 15, 2019
Join in us