Bitcoin’s Crash Triggers Over $700M in Liquidations on BitMEX
Bitcoin’s flash crash on Thursday triggered the most long-short liquidations on crypto derivatives exchange BitMEX in 16 months.
The Singapore exchange is adding tether (USDT) perpetual contracts to simplify account management and allow two-way trades.
The Hong Kong-based firm is seeing soaring interest in its customizable options contracts amid high price volatility.
ZUBR, which only opened for trading in early March, said its trading software had been successfully stress-tested by Exactpro
The new liquidation mechanism would pull the plug on futures trading should prices become too volatile.
Quedex's new bitcoin derivatives contracts, which expire in December 2021, saw more than $5 million in volume last weekend.