Futures

Traders Buy Oil Futures With Crypto Amid Record Volatility thumbnail

Traders Buy Oil Futures With Crypto Amid Record Volatility

FTX, has introduced oil futures following the recent record crash in U.S. oil prices — which fell as low as minus-$40 on April 20.FTX’s contracts will expire at the spot price of West Texas Intermediate, or WTI, plus $100 to protect against negative settlement prices.The exchange notes that should the spot price of oil fall…