Derivatives


Policy

Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen

FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.

CoinDesk placeholder image

Policy

US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades

As the CFTC is still considering FTX.US' application, lawmakers will examine the potential trend at hearing.

The House Committee on Agriculture led by Rep. David Scott (D-Ga.) is set for a May 12 hearing to discuss FTX's effort to directly clear customers' swaps trading. (Bill O'Leary-Pool/Getty Images)

Markets

Bitcoin's Derivative Data Suggests Potential for 'Short Squeeze'

A minor increase in price could send short sellers scrambling to close their bets.

Bitcoin may see a short squeeze higher. (Pixabay, PhotoMosh)

Policy

FalconX Tests Waters as First Full-Fledged Crypto Derivatives Dealer

The company's CEO is counting on others to follow.

FalconX CEO Raghu Yarlagadda (FalconX)

Markets

Crypto Traders Find Ether Options Attractive as 'Implied Volatility' Slides

It makes sense to buy options as volatility is so low, one observer said.

La volatilidad implícita de ether parece barata en comparación con la volatilidad histórica. (Pixabay)

Markets

Crypto Options Traders Adopt New Strategies to Profit From DeFi-Led Volatility Gyrations

DeFi option vaults put downward pressure on implied volatility every Friday, creating a window of opportunity for savvy traders to short sell volatility ahead of the event.

Savvy traders short-sell volatility ahead of DeFi option vaults' weekly auctions. (Pixabay)

Policy

Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives

OCC Acting Comptroller Michael Hsu said he's working with global regulators to find "a consistent, careful and cautious approach to bank involvement in crypto."

CoinDesk placeholder image

Policy

CFTC Chief Says FTX Plan Could Make Crypto Markets 'More Efficient'

CFTC Chair Rostin Behnam said he didn't yet support FTX's proposal to directly settle margined crypto trades, but said he must support "responsible innovation."

CFTC Chair Rostin Behnam (Andrew Harrer/Bloomberg via Getty Images)

Finance

FTX.US Derivatives Seeks CFTC Approval to Clear Margin Trades Directly for Customers

The company says the change would allow customers to assess and respond to derivatives risks in real time.

FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk archives)

Markets

Large Ether Options Flow Guards Against Price Slide Below $2.2K

Sophisticated traders bought put options to protect against a continued ether price drop, one observer said.

Chart showing a big rise in the number of open positions in ETH $2,200 put expiring on March 18 (Laevitas)