Digital ecosystem: "risk engine runs 24/7 so no margin call unless necessary, can deposit 24/7, is non-recourse. No extra fees for margin calls, exact formula public."
TradFi: "yeah but margin calls are evil, only classy incumbents should be allowed to do it"
Also TradFi:
Conversation
Replying to
It's extremely important that only comic sans is allowed to define margin calls
you wouldn't want full transparency or anything
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we have filed a proposed amendment to our clearinghouse which we believe would create a transparent, limited-recourse, equitable access venue for the US, reducing margin calls by avoiding intraday/overnight margin gaps, and emphasizing customer protection: ftxpolicy.com
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Replying to
There are so many reasons it’s a pleasure to trade crypto relative to equities
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