FOREX Trader Jordan Lindsey on Coinfloor’s Like-Kind Settlement on Bitcoin Futures Contracts

Coinfloor, a London-based futures exchange will add the CoinfloorEX platform to its list of cryptocurrency futures offerings.

The trading platform, which provides bitcoin support, is targeted to provide crypto investment services to trading firms, professional and sophisticated traders and hedge fund managers.

Distinguishing itself from its competitors, Coinfloor will implement like-kind settlement.

Whereas, CBOE and CME Group, Inc. are delivering cash settlement on their crypto futures contracts, Coinfloor is motivated by a system that will promote transparency and discourage spot market price manipulation.

Concerns over a settlement scheme that would allow investors to manipulate the market price of cryptos upon their contract’s closure at the exchanges, allowing the investor to take advantage of the new manipulated price in purchasing the next batch of futures would be mitigated by settling crypto futures contracts in their underlying cryptocurrencies.

Launched in 2013, Coinfloor is well established and generally well regarded within the crypto community.

The company’s early peer to peer transaction system continues to this day as an idealized exchange model, having been copied by a number of newer crypto firms.

Coin-floor’s focus on ethics, transparency and security have guided the firm’s other offerings including a multi signature, secure, cold storage facility, which protects their clients’ crypto assets from hackers and other bad actors.

Through its monthly audits examining the firm’s solvency ratio, professional investment firms are provided with assurances as to Coin-floor’s cryptocurrency liquidity to cover their settlement obligations with investors through periods of price fluctuations.

As the fifth global exchange to launch bitcoin futures contracts, Coinfloor is well positioned to shape the direction of the crypto futures settlement process.

XBT, Coinfloor’s new bitcoin futures contract is set to launch in April 2018.

Jordan Lindsey

Jordan Lindsey’s trading expertise is recognized across several investment markets.

The founder of JCL Capital and self taught programmer and architect developed his own proprietary trading system using the MQL4 programming language on the Metatrader 4 Platform.

In 2017, Jordan Lindsey also launched his own successful Nucleus token on the Waves crypto platform.

Lindsey currently resides in San Francisco with his wife and their three daughters.

Malcolm CasSelle On Game Skins And Cryptocurrency

WAX (World Asset EXchange) is a new blockchain platform dedicated to the trading of virtual assets. WAX is a peer-to-peer marketplace that is dedicated to helping members trade virtual assets efficiently. In that regard, it combats two of the biggest problems in virtual assets: fragmentation and fraud. Because of these benefits, it is especially good for those who enjoy gaming.

In the current virtual asset atmosphere, there are quite a few local marketplaces that, frankly, are not very efficient. Many of them are embroiled in red tape and are only limited to the country of their origin. Moreover, the great thing about WAX token is that they are denominated on a common currency, taking out the middleman and eliminating FOREX problems. Finally, WAX gaming tokens are effective at acting as stored items for acquiring game characteristics, meaning users can trade in a decentralized market and at the same time minimize financial risk.

Malcolm CasSelle is the president of WAX, and to say he is confident in the platform would be an understatement. He believes these gaming tokens will make cryptocurrencies become more and more en vogue among ordinary people. This way, they can avoid the normal security issues. Plus, there is no question that Malcolm CasSelle knows what he is talking about. He is a graduate from the Massachusetts Institute of Technology, and he has been president of WAX for a number of years now.

Malcolm CasSelle has extensive experience in managing companies that leverage digital assets. CasSelle is also adept at leading digital startups, including Mediapass, which is a venture that markets subscriptions to major media companies.

CasSelle has also worked in a leadership role with Groupon, and has assisted them in their joint partnership with China’s social media network TenCent. CasSelle is also able to speak English, Japanese, and Mandarin.