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Old 8 December 2017, 01:24 PM   #34
77T
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Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 40,674
Quote:
Originally Posted by GB-man View Post
That was my thoughts. People trying to get in before the options become available

Derivatives are an instrument that keeps prices in check. A much needed service to this vehicle.

It’s certainly become a hot topic for all sides of the question. Monday should be most interesting. But will the options open on time? If they can’t mark to market does it get canceled?

I find the idea of a derivative for a virtual currency product akin to a prop bet at Vegas for a fantasy team that nobody owns...

The clearinghouse will be be eaten alive with liquidity issues methinks. The volume of Buys v. Sells today was inordinately high an imbalanced.




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