Derivatives
With FTX Bloodied, Rival in US Regulatory Fight Adds Another Knife
One of the traditional, regulated firms that has opposed an FTX effort to upend derivatives clearing – Cboe Digital – jumped into the drama by issuing a letter boasting about its safety measures.
FTX’s Push for US Crypto Clearing Left In Suspense by Binance Deal
The fate of FTX U.S. Derivatives’ application for the authority to clear customers’ crypto transactions – a potential game changer in U.S. markets – is now unclear.
Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token
Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears the FTX-Alameda drama may bring another market-wide crash.
Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings
Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.
Kollider Raises $2.4M to Build ‘Lightning-Native’ Financial Products
The bitcoin derivatives exchange already has bitcoin-backed synthetic stablecoins and a Lightning-enabled bitcoin wallet in the pipeline.
Growing Popularity of Cash-Margined Bitcoin Futures Suggests Crypto 'Liquidation Cascades' Might Become Rare
Cash-margined contracts are relatively concise and not mathematically convex, making them easier for retail investors to understand and easier for exchanges to liquidate, one volatility trader said.
CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure
Chairman Rostin Behnam says the FTX proposal for directly clearing certain crypto derivatives without intermediaries is still being weighed and would mark a “significant shift.”
Bitcoin Options Traders, Burned by Last Month’s CPI Report, Now Seek Downside Protection
Investors seem worried the impending U.S. inflation report may inject renewed downside volatility in bitcoin and are preparing for the same.
Crypto Services Firm Luxor to Offer Derivatives for Bitcoin Miners to Hedge Risk
The new product will be based on “hashprice,” a term coined by Luxor to refer to the revenue miners earn from a unit of hashrate.
Crypto Derivatives Exchange PowerTrade Launches 'RFQs' for Institutional Options Trading
The exchange hopes to attract both institutional players and smaller traders with no minimum order sizes.
