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What is the ex date for Bitcoin futures?

avatarMohamed IbrahimNov 28, 2021 · 3 years ago3 answers

Can you please explain what the ex date for Bitcoin futures is and how it affects trading?

What is the ex date for Bitcoin futures?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    The ex date for Bitcoin futures refers to the date on which the buyer of a futures contract is no longer entitled to receive the upcoming dividend or distribution. It is important to note that Bitcoin itself does not pay dividends, but some futures contracts are based on underlying assets that do. On the ex date, the futures contract price is adjusted downwards to account for the dividend or distribution that the buyer will not receive. This adjustment is typically equal to the amount of the dividend or distribution. It is crucial for traders to be aware of the ex date as it can impact the pricing and trading strategies for Bitcoin futures.
  • avatarNov 28, 2021 · 3 years ago
    The ex date for Bitcoin futures is an important concept in trading. It is the date on which the right to receive any upcoming dividends or distributions associated with the underlying asset of the futures contract expires. This means that if you buy a Bitcoin futures contract before the ex date, you will be entitled to receive any dividends or distributions. However, if you buy the contract on or after the ex date, you will not receive any dividends or distributions. The ex date is crucial for traders to consider when making investment decisions as it can affect the overall profitability of the futures contract.
  • avatarNov 28, 2021 · 3 years ago
    The ex date for Bitcoin futures is an important factor to consider when trading these contracts. It is the date on which the buyer of the futures contract is no longer eligible to receive any dividends or distributions associated with the underlying asset. This date is determined by the exchange on which the futures contract is traded. For example, on the BYDFi exchange, the ex date for Bitcoin futures is usually set a few days before the actual dividend or distribution payment date. Traders should be aware of the ex date as it can impact the pricing and trading strategies for Bitcoin futures on BYDFi and other exchanges.