Binance has scheduled two additional stock-linked perpetual futures for November 12, expanding its derivatives lineup with contracts tied to Nu Holdings and Freedom Holding. The exchange announced the additions on November 11; they were scheduled products at the time of this report, rather than contracts already confirmed to be trading.
According to the exchange notice, NUUSDT is due to open at 09:30 UTC, followed by FRHCUSDT at 09:45 UTC. Those times correspond to 2:30 p.m. and 2:45 p.m. in Pakistan. Both contracts are priced and settled in USDT market price and chart.
Two Equity Contracts Add Further USDT Derivatives Exposure
The underlying references are Nu Holdings’ Class A ordinary shares, listed on the New York Stock Exchange, and Freedom Holding’s Nasdaq-listed common stock. Binance lists a maximum leverage of 20 times, a minimum notional amount of 5 USDT and an eight-hour funding interval for both contracts.
Its notice provides for round-the-clock trading and support for Multi-Assets Mode. Trading parameters may change under the exchange’s rules. The published specifications therefore describe the announced setup, rather than a permanent promise about margin requirements or the availability of maximum leverage for every account.
Continuous Trading Creates Gaps With Underlying Equity Sessions
Binance’s traditional-asset perpetual futures documentation explains that these contracts require pricing methods adapted to periods when the underlying cash market is closed. The ability to trade a contract at the weekend does not mean the referenced stock exchange is open at the same time.
This difference creates a reporting distinction between a derivatives quote and an executable cash-equity price. During a closed stock-market session, new company information or changing risk appetite can affect a perpetual market while the underlying exchange has no regular trading session. Funding and margin mechanics also remain part of the position’s economics.
The pricing guide describes an orderbook-based index mode for equity perpetuals when external stock prices are unavailable, including weekends and holidays. It uses an impact price from the contract’s own orderbook and smooths the resulting reference. The guide also describes a transition when pricing modes change. This means a weekend quote can reflect a derivatives market’s own trading conditions rather than a fresh transaction on the underlying stock exchange. The distinction matters when comparing a contract price with the last quoted share price.
Stock Price Exposure Does Not Confer Shareholder Ownership
A perpetual futures position is a derivative, not a purchase of the referenced share. Buyers should not assume that entering the contract places them on a company’s shareholder register. Binance’s futures notice concerns contract admission, clearing and settlement, not the issuance of shares by either company.
A simple example shows the role of leverage: a 100-USDT margin allocation at 20 times leverage could support 2,000 USDT of exposure before applicable limits and costs. A 1% adverse move on that exposure is 20 USDT, equal to one-fifth of the starting margin. Actual liquidation depends on maintenance requirements, fees and the account’s wider collateral position.
The treatment of corporate actions is another difference between these contracts and holding securities. BlockBriefing’s coverage of Binance’s bStocks dividend arrangements explains a separate certificate-based product. Its crypto regulation tracker covers the wider policy setting. For the new futures, the next confirmed milestone is their actual opening on November 12. Until then, the launch times and contract specifications remain subject to Binance’s current notice and regional restrictions.
