Binance scheduled a TSMUSDT perpetual tied to a U.S.-listed American depositary receipt (ADR) of Taiwan Semiconductor Manufacturing Company Ltd. for April 6, with 24/7 trading and leverage capped at 10x.
The exchange’s April 2 notice placed the contract fourth in a four-product rollout. It set the planned start for 10 a.m. ET (14:00 UTC). The notice identified the ADR, traded on the New York Stock Exchange under ticker TSM, as the contract’s reference asset.
Binance specified Tether (USDT) for settlement and funding settlements every eight hours. It said the additions were intended to broaden choices on its futures platform and noted that availability may vary by region.
QQQUSDT and SPYUSDT were scheduled to start at 9:30 and 9:40 a.m. ET, respectively. The Apple-linked AAPLUSDT contract was scheduled for 9:50 a.m. ET.
EconoTimes previously covered Binance’s scheduled Alphabet-linked perpetual.
