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BitMEX CEO Arthur Hayes Reveals Plans to Open Crypto Options Platform


Arthur Hayes, co-founder and CEO of major crypto derivatives exchange BitMEX, has revealed that the company is hoping to open an options platform within 12-18 months.

Arthur Hayes, co-founder and CEO of major crypto derivatives exchange BitMEX, has revealed that the firm is hoping to open a cryptocurrency options platform in the medium term. Hayes made his remarks during an interview on the Venture Coinist podcast on April 12.

Hayes — a former equities trader for Citigroup — indicated a rough timeline for the prospective launch, stating that:

“We hope to possibly have our own options platform in maybe 12 to 18 months.”

Hayes hinted at aspirations to innovate options listing, saying “we have somebody working with some university professors on a complicated new way of doing this.”

Options are a type of financial derivative that give a buyer the right — but not the obligation — to buy or sell an asset at an…



Read Full Story : Cointelegraph.com News

2019-04-15 08:37:00

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