OKEx will launch options trading in December

OKEx announced on Monday that simulated options trading will begin on December 12, and real-time trading will begin on December 27. OKEx offers buy and sell options. In order to reduce the risk of manipulating the closing price, OKEx stated that it averages the spot data of multiple platforms to obtain a "fair" settlement price for its options products. Option markup prices are determined by OKEx in real time using the Black-scholes pricing model.