Here's a great explainer on MOVE contracts: youtu.be/IRU52DtWnFk
Huge thanks to and @NalexNuls for making it!
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I love your explainer videos, as you are making it easy for customers to appreciate and understand the exchange.
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Nice.
Who are the counter parties?
What if by fluke 1000 vs 1 people all said the market would move by $1000, who pays out?
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In the end if you hold it until expiration it'll pay out the amount the market actually did move, independent of the market prices of the MOVE contract.
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