In Education
Derivatives Basics
Derivatives move risk without moving the asset. Dated futures have cost of carry, perps have funding, options have convexity. These create a basis between derivative price and spot. You can trade the curve with calendars and future rolls to shift exposure across expiries while keeping net delta near zero.
In Education
The Greeks
The Greeks are a set of measures for dimensions of risk in an options position. They are essential for understanding how the price of an option is expected to change in response to different market forces. Breaking down risk into these specific components allows traders to conduct proper risk management and break away from speculative trading. The Greeks provide a multi-dimensional view of an option’s sensitivity, making it possible to hedge their exposures to create positions that align with market forecasts beyond price direction.
In Education
Volatility
Volatility isn't just a metric—it's the core element that determines price and strategy. It measures the magnitude and frequency of an asset's price swings, representing the market's inherent uncertainty and risk.
In News
Fee Changes on September 2nd
On Tuesday, September 2nd, we are making changes to our fees and our onboarding process
In News
Planned Migration on August 17th
On Sunday August 17th, we will move our exchange infrastructure to London
