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Is someone able to find how the cash settlement of these futures handle forks? I can find CME's policy but nothing for CBOE: http://www.cmegroup.com/education/
by thisisit 9y ago
Is someone able to find how the cash settlement of these futures handle forks? I can find CME's policy but nothing for CBOE:
http://www.cmegroup.com/education/cme-bitcoin-futures-frequently-asked-questions.html http://www.cmegroup.com/education/cme-bitcoin-futures-freque...
> 31. What is CME Group’s policy regarding hard forks?
> CME is developing a hard fork policy for capturing cash market exposures in response to viable forks. The policy may involve cash adjustments to position holders or listing related futures that are also issued to position holders.
- provost 9y agoSounds like if a fork were to happen soon (not that it will) they would have to freeze the exchange, as they don't have a plan. I've noticed Coinbase does this as well, though they email a clear explanation about each upcoming fork-freezes and their intentions for each scenario.
- where_do_i_live 9y agoCoinbase froze deposits/withdrawals, trading on the exchange often continues normally.