🚀 EU Considers Subsidies or Price Cap on Natural Gas
#EU #NaturalGas #EnergyPrices #Subsidies #PriceCap #EnergySecurity #MarketStability #ConsumerProtection
The European Union is exploring measures to address natural gas prices, according to a spokesperson from the European Commission. The potential strategies include implementing subsidies or setting a price cap to manage the economic impact of fluctuating energy costs. According to Jin10, these discussions are part of broader efforts to stabilize the energy market and protect consumers from rising prices. The EU's consideration of these measures reflects ongoing concerns about energy security and affordability amid global market volatility.#EU #NaturalGas #EnergyPrices #Subsidies #PriceCap #EnergySecurity #MarketStability #ConsumerProtection
🚀 UK Energy Minister Discusses Middle East Conflict Impact with Industry Leaders
#UKEnergy #EnergyMinister #MiddleEastConflict #EnergyIndustry #CostOfLiving #PriceCap #NetZero #EnergySecurity
UK Energy Security and Net Zero Minister Miliband met with energy and industry leaders today to discuss the impact of the Middle East conflict. According to Jin10, addressing the cost of living remains a top priority, with a price cap in place to protect households until early July.#UKEnergy #EnergyMinister #MiddleEastConflict #EnergyIndustry #CostOfLiving #PriceCap #NetZero #EnergySecurity
🚀 India Yet to Decide on Refinery Price Cap, Official Says
#India #refinery #pricecap #oilmarket #energysecurity #government #marketfluctuations
India has not yet made a decision regarding the imposition of a price cap on refinery output, according to a government official. According to Jin10, the statement comes amid ongoing discussions about potential measures to stabilize the domestic oil market. The official emphasized that while the idea is under consideration, no formal decision has been reached. The government continues to evaluate various strategies to address market fluctuations and ensure energy security. Further developments are expected as discussions progress.#India #refinery #pricecap #oilmarket #energysecurity #government #marketfluctuations
🚀 Italy's Deputy Prime Minister Proposes EU Diesel Price Cap at €1.90 per Liter
#Italy #EU #Diesel #PriceCap #FuelPrices #Inflation #EnergyMarket #Economy #ConsumerProtection #DeputyPrimeMinister
Italy's Deputy Prime Minister has announced plans to propose a price cap on diesel within the European Union, setting it at €1.90 per liter. According to Jin10, this initiative aims to stabilize fuel costs across member states and address economic pressures stemming from fluctuating energy prices. The proposal is part of broader efforts to manage inflation and ensure affordability for consumers. The Deputy Prime Minister emphasized the importance of coordinated action among EU countries to mitigate the impact of global energy market volatility.#Italy #EU #Diesel #PriceCap #FuelPrices #Inflation #EnergyMarket #Economy #ConsumerProtection #DeputyPrimeMinister
🚀 Binance Futures to Transition EDGEUSDT Contract to Standard USDⓈ-M
#BinanceFutures #EDGEUSDT #USD-M #PerpetualContract #PriceVolatility #StableIndexPrice #MarkPrice #FundingRate #PriceCap #PreMarket #ContractTransition #CryptoTrading
According to the announcement from Binance, the EDGEUSDT perpetual contract on Binance Futures will undergo a transition to a standard USDⓈ-M EDGEUSDT Perpetual Contract on 2026-03-31 at 12:30 (UTC). This process is expected to take up to three hours, depending on price volatility and the availability of a stable index price. During this transition, trading functions will remain operational, and open orders and positions will not be canceled.
The transition involves converting pre-market perpetual futures contracts to standard perpetual futures contracts once a stable index price is established from the spot market, as determined by Binance. The mark price will gradually shift from the pre-market trading mark price to the standard mark price calculation, which is defined as the median of Price 1, Price 2, and the Contract Price. A price cap of ±1% will be enforced on the mark price, limiting price changes within a ±1% range every second during both the pre-market trading and transition periods.
Once the pre-market perpetual futures contract concludes, the mark price will be calculated using the formula: Mark Price = Median (Price 1, Price 2, Contract Price). For further details on the formulas for Price 1 and Price 2, users are directed to the Mark Price and Price Index in USDⓈ-Margined Futures documentation. Additionally, after the pre-market trading ends, the premium index will be available, and the funding rate will adhere to the standard perpetual futures contract's funding rate rules, with maximum and minimum funding rates reaching up to +2.00% and -2.00%, respectively.#BinanceFutures #EDGEUSDT #USD-M #PerpetualContract #PriceVolatility #StableIndexPrice #MarkPrice #FundingRate #PriceCap #PreMarket #ContractTransition #CryptoTrading