Frequently Asked Questions
Everything you need to know about Luxor's Derivatives platform
Luxor derivatives
What type of Forwards do we offer
Non-Deliverable Forward (NDF)
In a non-deliverable, cash-settled forward contract, the difference between the fixed price in the contract and the settlement value of the underlying commodity is paid in cash from one party to the other.
This is a good instrument for miners looking to hedge, traders looking for exposure to hashrate and more.
Deliverable Forward (DF)
In a physically deliverable contract, one party agrees to buy a commodity on a future date, at a fixed price. The other party agrees to deliver that commodity or asset at the fixed price and date.
This is a good instrument for miners looking to hedge and finance, traders looking for exposure to hashrate and get a return on proving capital upfront.
onboarding
How to start using Luxor Derivatives
Step 1
There are two ways to proceed with signing Luxor’s ISDA Agreements. This step can be skipped if you do not plan to trade Luxor’s Cash-Settled Forwards.
Step 2
To onboard onto the Luxor Derivatives account, please follow instructions on the registration page. Registration Page
Step 3
Once we have received signed versions of the documents above, we will require a Legal Entity Identifier (LEI), and then you can start placing trades with Luxor.
If you do not have an LEI you can easily acquire one here.
If you already have an LEI , simply enter the number in the Settings section of your account.
Ready to onboard on Luxor Derivatives, fill out this form
Everything you need to know about Luxor's Derivatives platform
Disclosures
Explore our disclosure page for detailed information