Vendredi 9 Septembre Upon launch, Bybit users will be able to trade ETH, SOL, and BTC options and perpetuals through portfolio margin, which adopts a risk-based model for experienced traders, including market makers and institutional clients, for optimized capital efficiency.
As the first crypto exchange to build options contracts that are margined and settled in USDC, Bybit users can settle and trade with more certainty and ease without needing to own the underlying crypto asset. They are European-style cash-settled options, which can only be exercised when the contract expires. There is no need for users to hedge the underlying collateral exposure as USDC is pegged to the value of USD, and is therefore not subject to the volatility often associated with other cryptocurrencies.
All profits will also be calculated in USDC, making it easier for users to benchmark and calculate returns. Unlike a futures contract where the transaction is mandatory and has to be completed at the settlement date, options contracts are optional and will expire without a transaction if the price on the settlement date is deemed unfavorable. The risk of options trading is therefore relatively low for traders because the maximum risk is determined by the premium paid.
The system uses a risk-based margin requirement that is aligned with the general risk of an entire portfolio. It increases capital efficiency by deploying profits from winning positions to offset the losses of losing positions in the same portfolio. The issuer is solely responsible for the content of this announcement. Autres articles. Imprimer Partager. Articles similaires. Offres d'emploi. Nominations Jaberson promeut deux Senior Managers.
