ACCESS Newswire
09 Oct 2019, 18:31 GMT+10
AMSTERDAM, NETHERLANDS / ACCESSWIRE / October 9, 2019 / Deribit, one of the largest cryptocurrency derivatives exchanges in the world, is launching an in-depth analytical research publication called ‘Deribit Insights'.
‘Deribit Insights' will review crypto events, look into current market developments, and explore future advancements of the industry. The variety of topics is likely to appeal to both beginners and advanced cryptocurrency users alike.
In producing the Insights publication, Deribit teams up with analysts Su Zhu and Hasu.
Singapore-based Su Zhu is the CEO of Three Arrows Capital, an FX Hedge Fund, and Co-Founder of Sensus Markets, a Digital Asset Principal Trading Firm. Hasu is an independent researcher and investor with a background in game theory.
The first Insights report examines liquidation mechanisms used by derivatives exchanges. In traditional finance markets, traders have brokers that manage the liquidation process if a trader fails to respond to a margin call. However, cryptocurrency derivatives platforms do not use brokers and therefore, have developed advanced auto-liquidation systems.
The report dives deeply into these liquidation mechanisms and how exchanges have advanced them in an attempt to prevent sophisticated traders from manipulating the system. It covers the example of May 19, 2019 flash crash on Bitstamp, which formed 50 percent of the BitMEX price index at the time. The report illustrates how this crash, amounting to $30 million, triggered liquidations worth more than $200 million on the BitMEX platform.
The report uses this case to analyze how different specifications can be implemented to achieve the best liquidation system and what should be the industry standard.
The Insights publication is freely available on www.blog.deribit.com
About Deribit
Deribit is the answer to those searching for a professional grade cryptocurrency derivatives exchange. The founding vision was to create an efficient and fair marketplace that could connect traders of all backgrounds and trading styles. The proprietary matching engine provides traders with a smooth experience even during times of high activity and volume.
Launched in 2016, Deribit is among the highest volume crypto derivatives exchanges in the world. Currently, users can trade perpetual, futures, and options contracts. Furthermore, Deribit remains the only exchange offering European style cash-settled options on BTC and ETH, and continues to set the standard for the rest of the industry.
###
For Media Inquiries
Sunny Byun
(+31) 06 82 69 55 12
[email protected]
SOURCE: Deribit
Get a daily dose of Atlanta Leader news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Atlanta Leader.
More InformationGENEVA, Switzerland: A new United Nations report alleges that dozens of global corporations are profiting from and helping sustain...
LONDON, UK - Lawmakers in the United Kingdom have voted overwhelmingly to proscribe the direct-action group Palestine Action as a terrorist...
DHARAMSHALA, India: The Dalai Lama is set to address a significant three-day conference of Buddhist leaders this week, coinciding with...
WASHINGTON, D.C.: In a significant ruling last week, the U.S. Supreme Court upheld a Texas law requiring age verification for users...
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
NEW YORK, New York -U.S. stock markets closed with broad gains on Thursday, led by strong performances in U.S. tech stocks, while European...
LONDON/STOCKHOLM: The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...
PARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...