While crypto is stuck in the doldrums, volatility in foreign exchange trading presents new opportunities.
It launched a new perpetual swap tied to the so-called FTX Dollar Spot Index.
Crypto exchange FTX is expanding its remit into the world of foreign exchange derivatives trading, listing a perpetual future tied to a U.S. dollar spot index, the company said Monday. While crypto markets have been stuck in the doldrums, foreign exchange traders have recently enjoyed a bout of volatility. The U.S. dollar, for its role, is hovering near all-time highs, while the pound sterling has gyrated amid the chaotic rollout of U.K. Prime Minister Liz Truss's economic programme. Turbulence has also hit the Japanese yen and the euro.As for FTX's new perpetual contract, it will be based on the so-called FTX Dollar Spot Index.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Frank Chaparro covers the intersection of financial markets and cryptocurrency as Editor-at-Large. Since joining the publication in 2018 as its first reporter, he has played a key role in building The Block into a leader in financial journalism and research.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Coming soon: Seven restaurants and bars opening in the Birmingham areaLooking for new places to eat and drink in the Birmingham area? Here are a few upcoming spots to add to your list.
Consulte Mais informação »
National Taco Tuesday News: Yelp Names San Diego Taco Shop Best in USFour local taco shops made it onto Yelp’s 2022 Top 100 Taco Spots in America list.
Consulte Mais informação »
FTX, Haun Ventures back $14 million raise for ex-Amazon and Uber vets' new DeFi platformDecentralized finance platform Exponential announced it has raised $14 million in a seed round led by Paradigm.
Consulte Mais informação »
All-Electric Lexus RZ 450e Goes To Wakanda For Black Panther-Themed Ad | CarscoopsAll-Electric Lexus RZ 450e Goes To Wakanda For Black Panther-Themed Ad | Carscoops carscoops
Consulte Mais informação »
FTX's head of OTC and institutional sales has quietly left the firmCrypto exchange giant FTX's head of over-the-counter and institutional sales, Jon Cheesman, quietly left the company last month.
Consulte Mais informação »