News : Derivatives for Ethereum
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z Ethereum 
Quote:The second-biggest cryptocurrency is poised to get a derivatives market, thanks in part to a pioneer of trading credit-default swaps, according to two people familiar with the matter.

Contracts on the ether digital currency will be offered by an as-yet-unnamed exchange going by the code name “Virtuoso,” according to one of the people, who asked not to be named discussing private information. One of its co-founders is Sunil Hirani, who sold the CDS brokerage he co-founded, Creditex Group, to Intercontinental Exchange Inc. in 2008 for about half a billion dollars, the person said.

https://www.bloomberg.com/news/articles/...edit-swaps

I'm a little split on this news , on one hand it is great validation for the success of block chain technology and especially Ethereum - right behind Bitcoin.

On the other hand , do we really need more manipulation? I've been a swing trader in the stock market for years and have tried my best to learn what the MMs are up to even more importantly than technicals or fundamentals of a stock. The manipulation there is intense and goes against logic more often than not .

We already have that problem in crypto - but the direction we are going by applying traditional finance and market practices seems somewhat counterintuitive to me .

Taming the new wild west..
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Messages In This Thread
Derivatives for Ethereum - by Decentralized Investor - 11-17-2017, 12:26 PM
RE: Derivatives for Ethereum - by Decentralized Investor - 11-17-2017, 05:29 PM
RE: Derivatives for Ethereum - by Indozuu - 11-17-2017, 08:07 PM
RE: Derivatives for Ethereum - by Rox - 11-17-2017, 08:40 PM
RE: Derivatives for Ethereum - by Decentralized Investor - 11-17-2017, 10:05 PM
RE: Derivatives for Ethereum - by Decentralized Investor - 11-20-2017, 06:43 PM