MEXC Futures Adjusts Leverage Ahead of US CPI Data Release
The US is set to release its Consumer Price Index (CPI) data on September 11 at 12:30 UTC, which may trigger significant volatility in the gold and silver markets. To mitigate this potential impact, MEXC Futures will temporarily adjust the maximum leverage for certain perpetual futures contracts.
From 12:20 to 12:35 UTC, the maximum leverage for GOLD(XAU)USDT, GOLD(XAUT)USDT, and SILVER(XAG)USDT perpetual futures will be reduced from 1000x to 100x. After this adjustment period ends, normal leverage parameters will be restored.
Users are advised to promptly adjust their positions and unfilled orders to avoid potential losses. The closing PNL is related to the closing quantity, average position price, and closing price, but adjusting the leverage multiplier will not affect it.