Gate.io Enhances Trading Security with Self-Trade Prevention for Futures Market API Users

2023-04-07, 03:59

[//]:content-type-MARKDOWN-DONOT-DELETE
Gate.io, a prominent global digital asset trading platform, has announced the introduction of a Self-Trade Prevention (STP) feature for futures markets. This initiative aims to provide a safer trading environment for users and prevent market manipulation, including self-trading.

![](https://gimg2.gateimg.com/image/article/1680839732img_v2_6c8576da-2636-4cdb-a4d2-71180b0cb4fh.jpg)
Self-trading occurs when users or a group of related users trade with themselves, which can disrupt price discovery, distort supply and demand data, and negatively impact market fairness. Intentional manipulation through self-trading is strictly prohibited on [Gate.io](https://www.gate.io/signup/?ch=GM_blog_api_20230407&utm_campaign=TR_p4pxrTg9&utm_content=&utm_medium=ptr&utm_source=CH_sApqy83F&utm_term= "Gate.io").

However, not all self-trading is intentional. Some users may accidentally match their own orders while running different trading strategies simultaneously, inadvertently causing self-trading and affecting the market. To address this issue, Gate.io has launched an STP feature for futures markets to help users avoid self-trading risks.
Starting March 15, 2023, Gate.io futures API users can enable the STP function, which blocks orders that would result in self-trading. Users can configure STP settings to invalidate maker, taker, or both orders in the event of self-trading. Customizable parameters ensure that trading strategies remain unaffected by unintended self-trades.
The introduction of the futures STP feature demonstrates Gate.io's commitment to continuously improving its trading system and providing a secure environment for users. For more information on the STP function, users can refer to the platform's API documentation or submit an application to enable the self-trade protection mechanism.

Author: Global Marketing Mason
This article represents only the views of the researcher and does not constitute any investment suggestions.
Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.

分享一下

荣誉积分榜

完成动态任务,升级荣誉等级

品牌快讯

Gate.io将在土耳其赞助区块链经济峰会

2022-07-25, 06:31

品牌快讯

盖特集团在马耳他获得VFA 4级许可证，标志着在欧洲的强劲开端

2022-07-21, 08:12

品牌快讯

Gate.io团队参加在迪拜举行的DIFC金融科技周

2022-06-29, 13:32