Posts by FTX addressing a range of policy and regulatory topics affecting the company, including written testimony submitted to the U.S. Congress and other policy-making bodies.
On May 12, 2022 the House Committee on Agriculture held a hearing entitled “Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models.”
FTX US Derivatives (FUSD) has an application before the U.S. Commodity Futures Trading Commission (the “FTX Application”) that would amend its existing license to operate a clearing house.
The FTX US Proposal to Provide Direct Access to Trading on Margin Without Intermediaries
Written transcript of FTX Co-Founder and CEO Sam Bankman-Fried's hearing before the U.S. House Committee on Agriculture on “Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models.”
Learn more about the FTX Principles for Digital Assets Platforms.
In early March, a Chinese investor with a short position on nickel through derivatives suffered losses when the cost of nickel began to increase substantially. Along with other commodities, nickel prices have soared since the beginning of Russia’s invasion into Ukraine...
FUSD proposes in this paper a digital asset certification process through which a designated contract market (each, a “DCM”) and/or swap execution facility (each, a “SEF”) may certify to the CFTC that a given digital asset is a suitable underlier for a product to be listed for trading on a DCM or SEF (and, if applicable, clearing on a CFTC registered derivatives clearing organization).
In this post, we walk through the model and the real world experience showing that, even on days of 35% or higher movements in the price of bitcoin, FTX.com has never had to use more of its guaranty fund than FTX.com made in revenue for that day.