OKX will adjust the upper limit of a single limit order to 20,000,000 USD at 16:00 on November 9 (UTC+8)

Odaily News According to the official announcement, in order to improve the performance of the trading system and protect the market, OKX will add a new USD value limit for a single limit order at 16:00 on November 9, 2023 (UTC+8). The price order will fail to be placed. The upper limit of a single limit order for all trading product types (currency, leverage, delivery, perpetual, options) is adjusted to 20,000,000 USD. According to OKX, if there are pending orders that are larger than the limit, they need to be adjusted in time to avoid order failure. Among them, API users will receive error code 51185 when placing orders in excess of the quota. Users will see the error text The value of a single limit order cannot exceed 20,000,000 USD on the front end. RFQ and Nitro Spreads orders are not subject to this new restriction.