KUALA LUMPUR, Dec 10 -- OKEx, the world’s largest spot and futures digital asset exchange by trading volume, has launched options trading available on OKEx, beginning Dec 27, with simulation taking off on Dec 12.
Developed from the ground up, OKEx Options represents a complete upgrade to the platform’s trading architecture, backed by a faster, more stable and robust infrastructure.
With this addition, OKEx is the first crypto exchange to offer C2C, spot, futures, perpetual swap and options trading under the same roof.
Users can select from a wide range of products to best fit their trading and hedging strategies.
According to a statement, OKEx Options will offer both buy and write options, which enhances trade flexibility and market transparency with trade prices that closely reflect market trends.
It also includes a rigorous anti-manipulation system. Designed to prevent close price manipulation, OKEx averages out the spot data from multiple platforms to obtain a fair settlement price.
The options mark price is determined by OKEx in real time using the Black-scholes pricing model. Since a single transaction or quote cannot affect the options market -- which only responds to estimated options volatility.
Options trading is a type of derivatives trading, giving the buyer the ability to purchase or sell an underlying asset after paying a premium.
-- BERNAMA
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