Today world’s leading spot and futures virtual asset exchange in terms of trading volume, OKEx announced the opening of options trading. Options trading will officially begin from December 27, but the simulation will start on December 12.
OKEx Options are those derivatives that give the option to buy and write, enhancing flexibility in trade and market transparency as the trading price will be according to the market trends. The version of Trading Option launched by OKEx’s is an advanced version of those currently present on other platforms as it also gives the facility to buy.
Another feature introduced by OKEx options to ensure fair trading is an anti-manipulation system. It is designed to check close price manipulation; this system collects spot data from different platforms and averages them out to fix a rational settlement rate. The marked price of options is fixed by OKEx using the Black-Scholes pricing model on a real-time basis.
This addition takes OKEx to a different league making it the first digital currency exchange to give the option of C2C, spot, futures, perpetual swap, and options trading all on a single platform. This gives users a wide option of products to choose from.
Jay Hao, CEO of OKEx, expressed his happiness at the successful launch of their new product,
