OKEx is implicated in the scandal that tops all scandals and threatens to topple a dangerously fragile public perception on digital money trading. Bloomberg, CNN and the Blockchain reporter narrated how OKEx infuriated millions of traders when it decided to change the terms on $135 million of derivative contracts that resulted in losses for many investors.
Derivatives. It’s simply a tool, a leverage to amass returns or to hedge risks. If you did not understand that, don’t worry, we are about to go on a short tour to understand the terms that make the language used in derivatives trading. Whether you are a baby boomer facing retirement or a millennial that […]
‘Fair Value’ is the sale price that is agreed upon by a willing buyer and an equally keen seller in an agreement. Sometimes the market determines fair value of an investment, other times; fair value represents a company’s assets and liabilities when a subsidiary company’s financial statements are consolidated by its parent company. Donatas Vadopalas, […]
It is 04.00am and you are wide-awake — so don’t just lie under the blankets. Embrace your jet lag, spring out of bed and whip out your phone and view the latest derivatives deals matched to you on Level01. You find that there is a certain thrill in deciding on the movements of a market asset. So […]
76.1% losses! It’s a rousing call, shocking complacency and inertia into action. This appalling figure came to light when the shifting sands of the European Union’s financial markets moved quickly to adhere to ESMA’s mandate to all EU brokers to report data on trader success and failure.
It’s not what we hoped for. We’re not happy about it But rather than rear up against the nightmare, we opt for an elegant solution to steer clear of incidences of fraud or misconduct. At some point, news of brokerages engaging in appalling fraudulent behavior became too much to see as isolated slips by professionals […]
A businessman needs an universal medium to build his empire worldwide. A medium of exchange that is so widely accepted and unanimously represented as a standard value accepted by all parties, to facilitate trade, sale or purchase of goods. In this day and age, this medium of exchange is currency.
As millenials go, Tyler is a free spirit. He does cosplay in the day, builds websites at night and handles all his financial transactions via PayPal. “I don’t trust the banks and the financial jargons are confusing”, he says. He’s not alone on this. In a study by Scratch, 71% millennials would rather visit their […]
Can BlockChain Enable a Quadrillion-Dollar Derivatives Market? It’s a Real Possibility. By 2028, the world economy has exploded with exponential economic growth. BlockChain is now the heart of commerce and trade. Investopedia’s valuation on the Derivatives Market now stands true at $1.2 quadrillion. And you are now very rich with your array of futures, […]