AD Derivs: Insights from Crypto Option Traders
Amberdata Derivatives is an institutional grade crypto options analytics platform. Director of Derivatives, Greg Magadini, interviews titans in the crypto vol. trading space, as well as traditional markets vol. traders and other successful traders.
AD Derivs: Insights from Crypto Option Traders
AD Derivs. Podcast (Ep. 64) Michael Dunn, President @Bitnomial Exchange
Bitnomial was founded in 2014 to create a marketplace connecting native digital asset hedgers with institutional traders. Bitnomial offers improved derivatives exchange technology coupled with new digital asset settlement systems.
NFA Approval: Bitnomial Clearing, LLC was approved as a futures commission merchant (FCM) by the National Futures Association (NFA) to operate a clearing firm for margined and deliverable digital asset futures and options.
CFTC Approval: Bitnomial Clearinghouse, LLC was registered as a derivatives clearing organization (DCO) by the US Commodity Futures Trading Commission (CFTC) to operate a clearinghouse for margined and deliverable digital asset futures and options, becoming the first crypto-native exchange to be granted the full set of CFTC derivatives licenses.
We discuss Michael's background as a bond market-maker at Allston Trading in Chicago. We also discuss the unique value Bitnomial presents to crypto miners and speculators. Including physically settled futures contracts.