Dear MGBX Users,
To meet the needs of a wide range of traders, MGBX will officially launch the QQQUSDT, SPYUSDT perpetual futures trading pairs at 18:00 (SGT) on April 16, 2026.
The specific schedule is as follows:
- Trading Start Time: April 16, 2026, 18:00 (SGT)
Trading Pairs to be Launched:
- QQQUSDT
- SPYUSDT
More details about the perpetual futures are shown in the table below:
Perpetual Futures Parameter |
Details |
|
Perpetual Futures Underlying |
QQQ |
SPY |
Settlement Asset |
USDT |
USDT |
Minimum Price Movement |
0.01 |
0.01 |
Maximum Leverage |
20X |
20X |
Funding Fee Settlement Frequency |
Every 8 hours |
Every 8 hours |
Trading Hours |
7*24 |
7*24 |
Project Introduction:
-
QQQ/USDT
- Invesco QQQ Trust Series 1 is a passively managed exchange-traded fund (ETF) that primarily tracks the Nasdaq-100 Index, offering investors a basket of the 100 largest non-financial companies listed on the Nasdaq.
-
SPY/USDT
- State Street SPDR S&P 500 ETF Trust is a passively managed exchange-traded fund (ETF) that primarily tracks the S&P 500 Index, providing investors with a basket of the 500 largest publicly traded companies in the United States. It is widely regarded as a benchmark for the overall performance of the U.S. stock market.
Important Notes:
- Futures trading involves high risks. Users are advised to familiarize themselves with the rules and manage leverage prudently.
- Market volatility may be high during the initial listing period. Please assess liquidity risks carefully.
Risk Warning:
Cryptocurrency assets have high growth potential but also come with significant market risks and volatility. We strongly recommend that users make investment decisions independently after fully understanding the risks and bear the corresponding responsibilities.
If you have any questions, please feel free to contact the MGBX official team.
MGBX Team
April 16, 2026
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