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CBOE settles to Gemini's spot price, not GDAX. The prices between exchanges differ dramatically currently.
by tcoppi 9y ago
CBOE settles to Gemini's spot price, not GDAX. The prices between exchanges differ dramatically currently.
- where_do_i_live 9y agoYou are correct it trades to Gemini's spot price, but you are wrong in terms of the difference between the two. As I write this there is a 5 cent different between GDAX and Gemini.
- scrumbledober 9y agoin general they are very close but at times of extreme volatility they can differ quite a bit, as was the case several days ago when GDAX surged up past $19,000/BTC and then crashed.