SBF Profile picture
15 Nov, 14 tweets, 4 min read
1) Some FTX updates!
2) NOT INVESTMENT ADVICE
3) We're spending a lot of the next month focusing on latency and capacity on FTX.

We're hoping that we can get a ~5-10x increase in how many orders and trades FTX's matching engine can handle each second out of it.

We're also hoping to shave ~10ms off of median latency.
4) We'll give updates as they roll out on this, though it'll be a few weeks before the first are ready.

Already, though, FTX's capacity has doubled this month.
5) We're also reworking some ratelimits. Sorry for the premature rollout this week; the feedback we got was super valuable. We'll have an updated proposal sent out shortly to high volume users.
6) Together these, should help fight the 99th percentile latency--how long it takes to process orders in the 200ms after BTC moves 1%.
7) We've also recently launched stock trading on FTX!

And then futures on stocks.

With a $500k prize pool!

ftx.com/tokenized-stoc…
8) You can also now use any stocks or tokens as collateral for futures on any stocks or tokens on FTX: fully cross collateral.

And if you want to isolate, you can use different subaccounts!
9) This is only the beginning of what FTX can offer; there's more cool shit coming your way soon.
10) We've also launched TRUMP FEB contracts -- and more prediction market futures are coming. Stay tuned!

ftx.com/president2020
11) Finally, these have been record-setting times for FTX volume; it's been above $1b/day even on weekends.

You can see our ever-expanding product offerings here: ftx.com/markets

And you can see the impact of that volume in the weekly FTT burns: ftx.com/ftt
12) From futures to spot to stocks to MOVE to fiat (did you know we have local intrabank EUR, AUD, USD, and BRL with no limits?), FTX's universe is always growing.
13) And finally -- more pictures from the Antigua office expansion:
14) @ftx_us has had some recent news too, including adding support for Washington state!

And some cool stuff coming out over the rest of the year.

• • •

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More from @SBF_Alameda

4 Nov
1) For those wondering how FTX Trump contracts and tokens will be determined:

help.ftx.com/hc/en-us/artic…
2) Each state has a different protocol for assigning its electoral votes to a candidate. If a state assigns all its electoral votes to the person who the plurality of its voters vote for (which is the case for most states), we project that all its electoral votes will go...
3) to the person the plurality of its reported voters voted for as of November 4, 2020 (according to all reporting precincts’ most recently reported numbers as of that time). Other states divide their electoral votes pro rata...
Read 10 tweets
3 Nov
1) An election night thread.
2) NOT INVESTMENT ADVICE. NOT POLITICAL ADVICE.
Read 33 tweets
3 Nov
2) NOT INVESTMENT ADVICE. NOT REGULATORY ADVICE.
3) In general a lot of the answer here is "we'll see". As @AdamScochran notes, the SFC hasn't yet come out with the new policy, just noted that there _will be_ one.

So take everything here with a grain of salt.
Read 7 tweets
3 Nov
1) Today, the United States votes on its next president.
2) NOT INVESTMENT ADVICE. NOT POLITICAL ADVICE.
3) Right now, prediction markets are around 38% for Trump. This is up from ~33% a week ago.

ftx.com/president2020
Read 14 tweets
2 Nov
1) Tokenized Stocks are now on FTX!

ftx.com/tokenized-stoc…
2) NOT INVESTMENT ADVICE. FOR DETAILS, SEE help.ftx.com/hc/en-us/artic….

Not offered in any restricted jurisdictions, including the US.

Equities on FTX are a regulated offering in partnership with CM-Equity, a licensed German financial institution. There is heightened KYC, etc.
3) To get ready for the launch:

a) complete KYC level 2 on FTX
b) submit your KYC to CM-Equity: ftx.com/tokenized-stoc…
c) respond to follow-ups and questionnaires

Institutional accounts: email support@ftx.com

The process can take anywhere from an hour to a few days.
Read 5 tweets
31 Oct
1) EQUITIES ON FTX!

Grand launch: Monday, 9:30pm HKT

Sign up now: ftx.com/tokenized-equi… Image
2) NOT INVESTMENT ADVICE. FOR DETAILS, SEE help.ftx.com/hc/en-us/artic….

Not offered in any restricted jurisdictions, including the US.

Equities on FTX are a regulated offering in partnership with CM-Equity, a licensed German financial institution. There is heightened KYC, etc.
3) To get ready for the launch:

a) complete KYC level 2 on FTX
b) submit your KYC to CM-Equity: ftx.com/tokenized-equi…
c) respond to follow-ups and questionnaires

Institutional accounts: email support@ftx.com

The process can take anywhere from an hour to a few days.
Read 4 tweets

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