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Title: Has OKCoin 348K BTC for futures this week? How the OKCoin futures market works? Post by: zby on November 12, 2014, 03:33:37 PM I assume that for every buyer of the futures there is a seller - that is a 'shorter'.
Does the system do full hedging? That is if it lets someone short a future - then does it buy the bitcoins for it to keep it and deliver to the buyer of the future on expiry? What happens when your call option expires - will you get the bitcoins then? I don't really know what are the standards in these circumstances - but if the system does not have the 348,608 coins to be delivered this week - then it can cause a huge short squeeze. |