Gate Launches Self-Trade Prevention (STP) Feature for Futures Market for API Users

Dear Users,
Gate continuously enhances the trading system to provide a better experience and safer environment for users. We attach importance to monitoring and preventing market manipulation, including self-trading. To protect user interests, we have launched a Self-Trade Prevention (STP) function for futures markets.

Self-trading refers to users or a group of related users trading with themselves, which may disrupt price discovery, distort supply and demand data, and affect market fairness. On Gate, intentional manipulation of self-trading behaviour is strictly prohibited.

However, not all self-trading is intentional. Some users may accidentally match their own two orders while running different trading strategies at the same time, and such unintentional self-trading will also have a certain impact on the market. Therefore, we have launched a Self-Trade Prevention (STP) for futures markets to help users avoid the risk of self-trading.

Gate futures API users can enable Self-Trade Prevention (STP) from March 15, 2023 onwards. The STP function blocks orders that would result in self-trading. Users can configure STP to invalidate maker, taker, or both orders upon a self-trade. Parameters can be tailored to ensure trading strategies are not impacted by unintended self-trades.

We continuously improve our trading system to provide a better experience and safer environment. The futures Self-Trade Prevention (STP) is another initiative safeguarding our user interests. We aim to deliver stable and efficient trading services.

Please see our API documentation for STP function details.
Submit an application to enable the self-trade protection mechanism.

Thank you for your ongoing support. We will remain committed to delivering superior services and experiences.

Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate

Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.

Users who have traded more than $8 million on Gate or other exchanges in the past 30 days enter the Global Market Maker Program

Reach out to us!
Twitter：https://twitter.com/gate_io
GateVIP Twitter：https://twitter.com/GateioVIP
Telegram：https://t.me/gate_zh
API Telegram：https://t.me/gateioapi
Instagram：https://www.instagram.com/gate.io/
Medium: https://gateio.medium.com/

Gate Team
March 16, 2023