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some quick thoughts: 1) spot delistings are more straightforward 2) perps are...... a fucking mess 3) the 'right' answer is to say they cash expire with ~5 days' notice 4) the actual answer is often something wacky like 'LOL they expire in 30m to a limit down futures price'
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has anyone traded through major exchange delisting before / have evidence that can confirm the mechanics? if you're short perp how is it settled? are you forced to cover? sounds plausible @EvgenyGaevoy twitter.com/EvgenyGaevoy/s…
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