LedgerX is an institutional trading and clearing platform that is awaiting regulatory approval from the U.S. Commodity Futures Trading Commission (CFTC) to trade and clear options on bitcoin. LedgerX applied for registration with the CFTC as a swap execution facility (SEF) and derivatives clearing organization (DCO) on September 29, 2014. If approved, LedgerX would be the first federally regulated bitcoin options exchange and clearing house to list and clear fully-collateralized, physically-settled bitcoin options for the institutional market.
LedgerX hopes to become the country’s first bitcoin options exchange with Uncle Sam’s blessing. It submitted applications to the U.S. Commodity Futures Trading Commission, or CFTC, which regulates U.S. futures and options exchanges, in late September to be approved as a derivatives exchange with bitcoin as the underlying asset to be traded, according to LedgerX co-founder and Chief Executive Paul Chou.
started this year by former Goldman Sachs high-frequency traders and Massachusetts Institute of Technology-educated computer scientists
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Its possible to get a sample of the projects being worked on by reading these bios!
In logic, mathematics, and computer science, the arity i/ˈærɨti/ of a function or operation is the number of arguments or operands the function or operation accepts.