2018全球数字资产衍生品研究报告.pdf
2018 7 12 2018 Block Data 1 . 数字资产衍生品综述 1.1 数字资产衍生品定义 1.2 数字资产衍生品特点 2. 数 字资产衍生品政策：部分国家明确监管 3 . 数字资产衍生品分析：集中于期货合约交易 CONTENTS 5 . 数字资产衍生品交易平台名单 6 . 数字资产衍生品平台对比：产品同质化严重 4 . 数字资产期货与传统期货对比 6.1 BitMEX平台数字资产衍生品简述 6.2 OKEx平台数字资产期货合约简述 6.3 BitMEX平台与OKEx平台对比PREFACE BitMEX GAEA BlockData 01 1. 1.1 数字资产衍生品定义 ( 02 1.2 数字资产衍生品特点 1 ” “ 2 3 4 03 5 6 7 “ ” 8 04 2. 2018 1 18 ESMA ESMA CFDs ESMA ESMA CFDs FCA 2018 4 6 FCA ICO FCA CFD FCA FCA ICO FCA CFD ICO FCA 05 2018 2 22 Autorite des Marches Financiers 2018 1 1 Markets in Financial Instruments Directive(MiFID 2) 2017 12 11 (Korea Financial Investment Association) 2017 9 30 11 06 USPTO 2017 5 4 CME 2015 11 CFTC 2017 7 7 ledgerx SEF (CFTC) 2017 7 24 LedgerX (DCO) blockdata.club07 3. 1 50000 10 BTC 50000 / 10 BTC 50000 / 10 BTC blockdata.club2 ( 08 blockdata.club09 3 BTC/USDT) 10 BitMEX 4. 11 BTC blockdata.club12 5. BitMEX 2014.1 OKEX 2013.6 PRO 2013.1 Bitfinex 2016.1 Exx 2016.1 B 2015 Zaif 2017.2 bitFlyer 2014 DEW 2018.1 2014.10 Alt-options 2014.7 BitStar 2017.6 2014.1 LedgerX 2013.1 2017.3 blockdata.club13 6. BitMEX 99.99% XBT / XBJ / XBTUSD / BitMEX XBTU18 XBT U18 2018 9 XBT XBT 6000 3000 3000/6000=0.5BTC / - / = “ ” BitMEX 100x 6.1 BitMEX平台数字资产衍生品简述14 XBTUSD XBTUSD BitMEX 4 12 8 OKEx BTC LTC ETH ETC BCH BTG XRP EOS 4 4 3,6,9,12 4 6.2 OKEx平台数字资产期货合约简述15 OKEx 20 10 20 10 90% 20 80% BitMEX OKEx 100 10 20 BitMEX OKEx BitMEX 100 OKEx 10 20 BitMEX OKEx BitMEX blockdata.club 6.3 BitMEX平台与OKEx平台对比16
