Perpetual Contract Sample Clauses
A Perpetual Contract is an agreement that remains in effect indefinitely, without a predetermined end date, until one of the parties takes action to terminate it according to the contract’s terms. In practice, this means the obligations and rights under the contract continue to apply on an ongoing basis, such as in service agreements or licensing arrangements that automatically renew unless notice is given. The core function of a perpetual contract is to provide continuity and stability in the business relationship, eliminating the need for frequent renegotiation or renewal, while also specifying the process for ending the agreement if necessary.
Perpetual Contract. 4.2. 1 A Perpetual Contract is a product similar to a traditional futures Contract in how it trades, but does not have an expiry date. Perpetual Contracts trade like spot, tracking the underlying Index Price closely. It achieves this via the mechanics of a Funding component, that is, users who hold a position over the funding time stamp either pay or receive funding based on a funding rate and your position value.
Perpetual Contract. 3.2.1 A Perpetual Contract is a product similar to a traditional futures Contract in how it trades, but does not have an expiry date. Perpetual Contracts trade like spot, tracking the underlying Index Price closely. It achieves this via the mechanics of a Funding component, that is, users who hold a position over the funding timestamp either pay or receive funding based on a funding rate and your position value.
3.2.2 Perpetual Contract Risks Perpetual contract trading involves substantial risk of loss and is not suitable for all investors. You understand the risks involved in trading and have considered and will continue to carefully consider whether trading is suitable in light of your financial circumstances and resources.
(1) Perpetual contract is highly – leveraged. Highly-leveraged position and large contract sizes make investor vulnerable to huge losses even for mall movements in the market. You may lose your entire margin on your contract account.