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LedgerX LLC D/B/A MIAX Derivatives Exchange
MIAXdx is a derivatives exchange and clearinghouse regulated by the U.S. Commodity Futures Trading Commission (CFTC). It offers federally regulated derivatives products, including BTC Range Binary Options, allowing users to manage Bitcoin risk with hourly options on a single US licensed platform.
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Description
MIAXdx is a derivatives exchange and clearinghouse regulated by the U.S. Commodity Futures Trading Commission (CFTC). It holds CFTC registrations as a Designated Contract Market (DCM), a Derivatives Clearing Organization (DCO), and a dormant Swap Execution Facility (SEF). The exchange operates daily from 9:30 am ET to 4:00 p.m. ET, excluding holidays and weekends. It offers federally regulated, cash-settled derivatives products that are settled hourly, allowing participants to manage Bitcoin price risk. The BTCRB options' mutually-exclusive range contract structure allows for efficient netting of collateral, and all products are fully collateralized.Grant Funding
VC Funding
None
2015
2017
$0
$12M