UPDATE 3:06 a.m. Hong Kong/China: done for today, happy to report there was no downtime or interruption of liquidity!
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Tonight, 2019-11-18, FTX will be undergoing a database migration. The migration will begin at 03:00:00 Hong Kong/China 2019-11-18 = 19:00:00 UTC on 2019-11-17. We anticipate the migration lasting about 15 minutes.
This will be a follow-up to the database migration last week.
While we are optimistic that this will not have significant impact on trading during the time, there is a substantial chance that it will result in lower liquidity or possible downtime. We will keep everyone updated on twitter, telegram, and wechat as the migration occurs.
We will be monitoring the risk engine closely during the period to ensure that it does not lead to any unnecessary liquidations.
We expect this migration to help reduce latency going forward.
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