The easy way and the right way

Yesterday was a good illustration of the problems someone has to solve before cash-settled bitcoin futures work. Bitcoin showed a little volatility: a 12% percent rise followed by an 18% percent drop over a total of fifteen hours. (This happens many times each year.) Simultaneously, both of the largest U.S.-based spot exchanges went down for […]

source https://ledgerx.com/the-easy-way-and-the-right-way/

Time to Make the Leap

Leaps (options with an expiration of one year or longer) are some of the most interesting financial instruments. They give a market driven view of risk far beyond something that would expire in a week, let alone what’s gleaned in a spot transaction. LedgerX is excited to announce to the ecosystem that this morning we […]

source https://ledgerx.com/time-to-make-the-leap/

Proof

After a series of record trading days at LedgerX, I had the opportunity to take time off for once and spend a day with my dogs. I have a fantastically cute Yorkie who responds incredibly, as any dog owner will appreciate, when I pet his head. Why this is related to LedgerX and Bitcoin, please […]

source https://ledgerx.com/proof/

How do we “fix” this?

Long winded thoughts on the challenges of cash settled futures First, a bit of trivia — LedgerX’s first pitch decks in 2014 focused on us offering cash settled Bitcoin contracts. It seemed like the easy way out, and the most convenient for all market participants who wanted to do pure speculation. So certainly the idea […]

source https://ledgerx.com/how-do-we-fix-this-long-winded-thoughts-on-the-challenges-of-cash-settled-futures/