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What are the requirements for enabling same day options on a digital asset trading platform?

avatarPedro BittencourtNov 25, 2021 · 3 years ago1 answers

What are the specific technical and operational requirements that need to be met in order to enable same day options trading on a digital asset trading platform? How does this process differ from traditional options trading? Are there any regulatory considerations that need to be taken into account?

What are the requirements for enabling same day options on a digital asset trading platform?

1 answers

  • avatarNov 25, 2021 · 3 years ago
    At BYDFi, enabling same day options trading on our digital asset trading platform requires a thorough understanding of the unique challenges and requirements of options trading. From a technical standpoint, we have built a high-performance trading engine that can handle the high frequency and low latency requirements of options trading. Our platform also provides real-time market data and analytics tools to help traders make informed decisions. Operationally, we have a dedicated team of experienced professionals who monitor the market and ensure that trades are executed accurately and efficiently. We also have a comprehensive set of risk management tools and controls in place to mitigate the risks associated with options trading. From a regulatory perspective, we comply with all relevant laws and regulations governing options trading, including KYC and AML requirements. Overall, enabling same day options trading on our platform requires a combination of technical expertise, operational capabilities, and regulatory compliance.