UPDATE 23:35 Hong Kong/China: done for today, happy to report there was no downtime or interruption of liquidity!
Tomorrow, 2019-11-10, FTX will be undergoing a database migration. The migration will begin at 23:00:00 Hong Kong/China = 15:00:00 UTC. We anticipate the migration lasting a few hours.
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 ensure exchange stability going forward.