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Pionex unveils Gap Trend Following feature for Futures Grid platform
Pionex announced the launch of Gap Trend Following, an advanced feature for its Futures Grid platform designed to address price movements around significant economic events such as earnings reports, FOMC meetings, and CPI releases.
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Pionex introduced Gap Trend Following, an advanced option within its Futures Grid platform. According to the announcement, this feature is designed to address price volatility commonly observed during major economic events such as earnings releases, FOMC meetings, and CPI announcements. Gap Trend Following operates by setting a long grid above and a short grid below a predetermined price gap, so that when the price moves significantly in either direction, one order type remains active while the other is cancelled. The post did not disclose further operational details.
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Pionex is a cryptocurrency exchange established in Singapore in 2019, operating under a US MSB license from FinCEN. The platform supports manual and automated crypto trading with access to over 300 trading pairs and 16 built-in trading bots, while offering features like margin trading, low minimum deposits, and two-factor authentication. For additional details, see the broker profile on Traders Union.
For additional context, the previous Pionex update covered the introduction of 'Position Rewards' for tokenized US stock holders, offering platform-based credits when underlying companies issue profit distributions. For more details, see the previous Pionex update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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