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The Financial Metaverse: Tokens, Derivatives and Other Synthetic Assets

By Albin Spinner
eBook
$64.99
By Albin Spinner
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Derivative trading? That's something for Wall Street types, right? Maybe, but it also affects everyone else in ways that are still little appreciated. Futures traders have paralysed the global trade of nickel, a key component in the battery of your neighbour’s Tesla. For a few minutes one trading day during the pandemic, sellers of crude oil were paying buyers to take the stuff, defying the very notion of trading, in an episode straight out of “Alice in Wonderland”.

Understanding how this ob...

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