FTX Opens Door to US Derivatives Trading With New Acquisition – The Motley Fool

FTX.US announced this week that it will acquire LedgerX, a U.S.-licensed crypto derivatives exchange. If the deal goes through, it will pave the way for FTX.US to expand its offer and allow its American retail investors to access more derivatives products. FTX is currently the sixth biggest cryptocurrency exchange in the world, according to CoinMarketCap […]

Crypto Banking and Decentralized Finance, Explained – The New York Times

DeFi platforms are structured to become independent from their developers and backers over time and to ultimately be governed by a community of users whose power comes from holding the protocol’s tokens. By comparison, centralized finance, or CeFi, businesses more closely resemble traditional finance, or TradFi, where consumers enter into an agreement with a company […]

How the ETF industry is tackling the next area of opportunity: derivatives – CNBC

The ETF industry has waded into a new area of opportunity. A regulatory change from the Securities and Exchange Commission last year opened up the use of derivatives for investment vehicles such as exchange-traded funds. Previous regulation had limited the way in which funds could offer products with “potential future payment obligations.” Simplify ETF has […]

Vaccine mandates: Employees paying to be unvaccinated is ‘very much like smoking surcharges,’ expert explains – Yahoo Finance

Amid widespread vaccine rollout and the recent full FDA authorization of the Pfizer (PFE) COVID-19 vaccine, many employers are now debating whether to mandate vaccinations among their employees and whether to financially deter unvaccinated individuals. Delta Air Lines (DAL), for example, recently announced that it will begin implementing a $200 monthly surcharge for all unvaccinated […]

Decoding Derivatives – Q2 2021 | Kramer Levin Naftalis & Frankel LLP – JDSupra – JD Supra

DC transparency, really? The credit derivatives determinations process has, for some time, been clouded in relative mystery. As credit default swap (CDS) strategies have grown more complex and gray-area issues have become more commonplace, advocacy in front of the Determinations Committee (DC) has also ramped up. In most instances, determination requests and other material and […]

UK bank derivatives exposures fall by £321bn in Q2 – Risk.net

The fair value of derivatives held by UK banks fell by £321 billion ($232 billion) to £5.03 trillion in Q2 2021 – the fifth consecutive quarterly decline since exposures hit £7.96 trillion in Q1 2020, Bank of England (BoE) data shows.  FX futures and forwards and interest rate swaps accounted for the lion’s share of […]