Binance to Reprice bStocks Collateral During US Stock Market Closures
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Binance’s change to bStocks collateral pricing will affect Cross Margin and both Portfolio Margin products, with weekend trading potentially reducing account buffers.
Binance will adjust how it values bStocks used as collateral while US stock markets are closed, according to The Defiant.
The change applies to Cross Margin and both Portfolio Margin products, extending the pricing adjustment across those account types.
Under the change, weekend trading could reduce account buffers before the underlying US shares resume trading. The supplied report does not specify an implementation date or the exact pricing method.
Source: The Defiant
