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SBF @SBF_FTX

RT @ProjectSerum: Serum 24 hr volume largest contributors đź‘€ @AtrixProtocol - $400M 🤝 $338M - @mangomarkets Data from @vybe_network https… — PolitiTweet.org

Posted March 17, 2022 Retweet
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SBF @SBF_FTX

RT @amytongwu: 1/ So honored to join the @apecoin DAO board, launched today along with the $APE token!đź§µ https://t.co/Umxj2mXxh7 — PolitiTweet.org

Posted March 16, 2022 Retweet
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SBF @SBF_FTX

RT @SteveSadin: 1/ Interoperability of digital assets requires creators to fully embrace + commit to a “System” comprised of a set of stand… — PolitiTweet.org

Posted March 16, 2022 Retweet
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SBF @SBF_FTX

shoutout to @LukeHoersten, @fintechfrank, @adenatfriedman, and a bunch of others I've run into at the FIA Expo for… https://t.co/aiSPhjG8lN — PolitiTweet.org

Posted March 16, 2022
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SBF @SBF_FTX

going live in 2 minutes! https://t.co/yZQMzFlOhB https://t.co/pSGKBG8DFt — PolitiTweet.org

Steven Ehrlich @Steven_Ehrlich

TODAY! I’m sitting down with @SBF_FTX at the inaugural Forbes Digital Asset and Web 3.0 Summit! Register here:… https://t.co/p1wISPURRK

Posted March 16, 2022
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SBF @SBF_FTX

soon! https://t.co/pSGKBG8DFt — PolitiTweet.org

Steven Ehrlich @Steven_Ehrlich

TODAY! I’m sitting down with @SBF_FTX at the inaugural Forbes Digital Asset and Web 3.0 Summit! Register here:… https://t.co/p1wISPURRK

Posted March 16, 2022
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SBF @SBF_FTX

RT @StartupGrind: ✔️ @MariaShen, Partner at @ElectricCapital (who recently announced they raised $1B to invest in crypto startups!) ✔️ @sri… — PolitiTweet.org

Posted March 16, 2022 Retweet
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SBF @SBF_FTX

https://t.co/LBFYiruM8Q — PolitiTweet.org

Posted March 16, 2022
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SBF @SBF_FTX

RT @fintechfrank: “SO IT’S CALLED TRADFI, BASICALLY WE BUNDLE DIFFERENT ASSETS INTO ONE STRUCTURED PRODUCT THAT WE CAN SELL TO BANKS AND EA… — PolitiTweet.org

Posted March 16, 2022 Retweet
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SBF @SBF_FTX

RT @BlockchainAUS: 🎤Speakers 🎤 With over 200 speakers it’s hard to know where to start but it doesn’t get bigger than @SBF_FTX, CEO of th… — PolitiTweet.org

Posted March 15, 2022 Retweet
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SBF @SBF_FTX

RT @cowenconvos: Missed our latest episode with Sam Bankman-Fried (@SBF_FTX)? Here are some highlights: 👇🧵 — PolitiTweet.org

Posted March 15, 2022 Retweet
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SBF @SBF_FTX

@bodhizaf so it definitely could be an input, BUT note that you should be taking volatility conditional on a big mo… https://t.co/53BCllrmxb — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

@SotashiNokomata they're similar--closing spot vs futures positions though I see why it would be more intuitive to… https://t.co/Y7KJ76oa4i — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

16) I'll be at the FIA Expo this week to talk about FTX, margin, futures, and our CFTC submission! — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

15) These are some of the issues at the heart of our @CFTC application: https://t.co/1bvp3U4sVD — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

14) This exacerbated the original problem--instead of eating 1 day's risk, they were eating 3 days'. Another diffe… https://t.co/lF5O5vzcey — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

13) Anyway, that's one of the core innovations of digital asset exchanges--real-time margining. The other problem… https://t.co/VuBiS75PcV — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

12) This is how liquidations work on FTX--we begin de-leveraging a position as soon as it's running too low on coll… https://t.co/NcbG3LK4eg — PolitiTweet.org

Bloomberg @business

The LME will reopen its nickel market on Wednesday, more than a week after the exchange suspended trading and cance… https://t.co/0bxyIB5Ttj

Posted March 15, 2022
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SBF @SBF_FTX

11) So in this hypothetical, you have to begin liquidating X's position when the contract hits $1.50. completely in… https://t.co/xVO4y9dgmt — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

10) Say that closing down X's position--buying back 3b contracts--would have 10% impact. The means that, if X isn'… https://t.co/jks9DK7SyM — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

9) Which means--the goal is for X to de-leverage before the contract reaches $1.66. Time is arbitrary! The contra… https://t.co/gchc8jKntp — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

8) The goal of the margin call: before X runs out of collateral, either (a) X tops up their collateral (b) X reduc… https://t.co/MwEqVx8kDL — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

7) There are really two problems here. First, the exchange margin calls based on _time_, not _price_. What does t… https://t.co/V1mXun7D4f — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

6) By the time the next business day ends, there have been 3 days for volatility. A 25% move bankrupts the trader.… https://t.co/b4IpvbOnJI — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

5) The traditional margin model says: reach out to X and warn then to top up, _or else_. But X has at least a busi… https://t.co/L7kxPyR93b — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

4) X now has a huge position on, and is fairly leveraged--$4b notional, 4x leverage. Another 25% move and the trad… https://t.co/zW1F83sTaY — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

3) Let's say that some entity (X) has $2b of collateral and puts on a $3b short in a contract trading at $1 (so 3b… https://t.co/yXbZhAZuCB — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

2) What went wrong with Nickel? https://t.co/B1WBovpJOh — PolitiTweet.org

Bloomberg @business

The LME will reopen its nickel market on Wednesday, more than a week after the exchange suspended trading and cance… https://t.co/0bxyIB5Ttj

Posted March 15, 2022
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SBF @SBF_FTX

1) Margin calls in spacetime — PolitiTweet.org

Posted March 15, 2022
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SBF @SBF_FTX

Really excited to receive the first (and so far only) digial asset exchange license from Dubai! Adding to the list… https://t.co/RIK3lZcZQr — PolitiTweet.org

FTX @FTX_Official

🎉🎉🎉 https://t.co/oYkWBHsvf9 via @technology

Posted March 15, 2022