OKEx Expands Crypto Options Offering with New Expiration Dates
- OKEx CEO Jay Hao says the multi-expiry represents part of an upgrade to its platform architecture and options offering.
OKEx, which claimed over $1.2 billion of crypto trading volumes in the last 24 hours, has rolled out three more expiration dates to its options trading. The product addition will help traders take advantage of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders , hedge risk and discover prices through daily, two-day and monthly derivatives contracts.
OKEx CEO Jay Hao says the multi-expiry represents part of an upgrade to its platform architecture and its crypto options offering. The move follows the launch of bi-weekly, quarterly and bi-quarterly options which provided the exchange's users with more tools to fulfill their needs of executing different trading strategies.
“Based on this concept, we have launched more options to fulfill the demands of users with different amounts of funds and trading strategies, providing our global users with even better trading experience,” added the head of Malta-based exchange.
To access OKEx options, which takes feeds from multiple exchanges, traders have to go through a KYC verification, as well as pass a suitability test.
OKEx, which describes itself as the world’s largest futures cryptocurrency exchange, says this ensures that traders understand risk associated with options trading while its pricing model accurately reflects the entire market.
For investors interested in this new trading vehicle, OKEx contract follows the European-style options, which may be exercised only at the expiration date of the option, i.e., at a single pre-defined point in time.
Crypto derivatives continue to gain momentum. The world’s most influential crypto exchange, Binance, has recently expanded its offering with the launch of new options on ETH/USDT and XRP/USDT. Derivatives exchange giant CME Group has also its own options product tied to its Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that futures, alongside other platforms such as Bakkt, Deribit and LedgerX.
Both futures and options are a way for investors to bet on the trends of bitcoin price without having to actually hold the digital currency, which skirts regulatory and custodian issues. However, futures are in general riskier than options as the only financial liability for the latter is the premium paid at the purchase time. Futures contracts, on the other hand, involve maximum liability.
OKEx, which claimed over $1.2 billion of crypto trading volumes in the last 24 hours, has rolled out three more expiration dates to its options trading. The product addition will help traders take advantage of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders , hedge risk and discover prices through daily, two-day and monthly derivatives contracts.
OKEx CEO Jay Hao says the multi-expiry represents part of an upgrade to its platform architecture and its crypto options offering. The move follows the launch of bi-weekly, quarterly and bi-quarterly options which provided the exchange's users with more tools to fulfill their needs of executing different trading strategies.
“Based on this concept, we have launched more options to fulfill the demands of users with different amounts of funds and trading strategies, providing our global users with even better trading experience,” added the head of Malta-based exchange.
To access OKEx options, which takes feeds from multiple exchanges, traders have to go through a KYC verification, as well as pass a suitability test.
OKEx, which describes itself as the world’s largest futures cryptocurrency exchange, says this ensures that traders understand risk associated with options trading while its pricing model accurately reflects the entire market.
For investors interested in this new trading vehicle, OKEx contract follows the European-style options, which may be exercised only at the expiration date of the option, i.e., at a single pre-defined point in time.
Crypto derivatives continue to gain momentum. The world’s most influential crypto exchange, Binance, has recently expanded its offering with the launch of new options on ETH/USDT and XRP/USDT. Derivatives exchange giant CME Group has also its own options product tied to its Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that futures, alongside other platforms such as Bakkt, Deribit and LedgerX.
Both futures and options are a way for investors to bet on the trends of bitcoin price without having to actually hold the digital currency, which skirts regulatory and custodian issues. However, futures are in general riskier than options as the only financial liability for the latter is the premium paid at the purchase time. Futures contracts, on the other hand, involve maximum liability.