I'm interested in understanding the concept of a move contract in the cryptocurrency domain. Could someone explain what it is and how it functions within the crypto ecosystem?
5 answers
KDramaLegendaryStarlightFestival
Wed Nov 06 2024
The ticker for the Delta daily MOVE contract follows a specific format.
Alessandra
Wed Nov 06 2024
The format is MV-[Underlying_Asset]-D-[Settlement Date], where "MV" stands for MOVE contract.
SarahWilliams
Wed Nov 06 2024
The "Underlying_Asset" is replaced with the symbol of the asset being tracked, and the "Settlement Date" is in the ddmmyy format.
SejongWisdomKeeperElite
Wed Nov 06 2024
Daily MOVE contracts are designed to track the movement of an underlying asset over a 24-hour period.
HanRiverVisionaryWaveWatcher
Wed Nov 06 2024
These contracts provide investors with a way to speculate on the volatility of an asset without actually owning it.