Ok. To settle once for all whether FTX is an exchange or not. Below are the serv... | Hacker News

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		ww520 on Nov 9, 2022 \| parent \| context \| favorite \| on: Binance to acquire FTX Ok. To settle once for all whether FTX is an exchange or not. Below are the services they offer. Futures: ... with margins of up to 101x. Leveraged Tokens: ... up to three times the leverage. ... the leveraged coins offered by FTX don’t require any margin. Options: (standardish). MOVE: ... wager on the price movement ... a play on volatility. Spot Markets: ... more than 100 different spot trading pairs.

wklm on Nov 9, 2022 [–]

It's fine for a trading venue to list all these derivatives, the problem in this case is that the venue and issuer are the same entity. In the trad finance world this is strictly separated.

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