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for those wondering, yes, FTX does have silver ftx.com/trade/SLV/USD ftx.com/trade/SLV-0326 cause why not

ftx.com

FTX

Cryptocurrency Derivatives Exchange

263

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and

is this synthethic replication or owning the underlying?

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actual underlying! in partnership with licensed German financial firm

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and

Sam, I love everything you are doing with FTX, but am afraid this is not true. It’a a CFD (derivatives contract) with the German partner firm, no? It says so in the docs... I checked because it makes a huge difference for taxes for me unfortunately.

SBF

@SBF_FTX

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@heliben2

are you looking at the futures or spot? e.g. ftx.com/trade/SPY/USD or ftx.com/trade/SPY-0326?

ftx.com

FTX

Cryptocurrency Derivatives Exchange

12:42 PM · Jan 28, 2021Twitter Web App

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and

as far as I can see ALL of the FTX "spot" stock markets show in the KID (key investor document) that is linked from the order form, that you are in fact trading a CFD with "CM-E" AG in Munich.

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it's a tokenization of the equity, which itself can be redeemed for the equity 1:1 with CM-E

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