Derivatives
Crypto Exchange Bitget Plans to Double Workforce as Peers Cut Back in Bear Market
In contrast with exchanges Coinbase and Gemini, the derivatives platform plans to increase its staff.

BoE's Cunliffe Cautions Against 2008 Repeat With FTX's Derivatives Rule Change Proposal
The Bank of England official is skeptical whether decentralized finance will ever be a thing.

Goldman Sachs Executes Its First Trade of Ether-Linked Derivative: Report
London-based Marex Financial was the counterparty for the trade.

Miami International Holdings, Lukka Form Pact in Plan to Launch Crypto Derivatives
The companies seek to launch cash-settled bitcoin and ether futures and options, pending regulatory approval.

FTX’s Bankman-Fried Pitches CFTC on Directly Clearing Customers’ Crypto Swaps
The crypto exchange’s founder and CEO made his case at a Washington, D.C., roundtable, while mainstream derivatives firms painted his ideas as dangerous.

Elwood Technologies Touts Strong Focus on Crypto Derivatives
Now backed by tier one banks Goldman, Barclays and Commerzbank, Elwood CEO James Stickland predicts “a huge amount of derivatives action.”

Dutch Finance Official Wants to Ban Retail Investors From Trading Crypto Derivatives
The Dutch Authority for Financial Markets doesn’t yet have the authority to issue a UK-style ban, however.

Nomura Starts Trading Crypto Derivatives, Joining Rivals Goldman, JPMorgan
Nomura carried out bitcoin futures and options trades with derivatives exchange CME Group and crypto market maker Cumberland DRW.

Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen
FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.

US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades
As the CFTC is still considering FTX.US' application, lawmakers will examine the potential trend at hearing.
