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LedgerX - BTC Options

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LedgerX is currently one of the only ways in the US to trade options on BTC and they're regulated by the CFTC.

Since their acquisition from the FTX bankruptcy, they've nuked their Discord for reasons unknown. While it wasn't extremely active, it was still nice to have available.

This past week, they violated their published listing schedule. We should have gotten March 2024 option strikes listed on September 27th, but we did not. Is it even legal for a regulated exchange to not be in compliance with their listing schedule?

Monthly contracts are listed for at least two consecutive months and at least two quarterly months, inclusive of the nearest December contract month. New weekly and monthly contracts are listed Wednesday before monthly expiration Friday. (Link)

Also, recently, they quietly decommissioned the volatility data on their site, which I personally found helpful to monitor. Customers didn't get any sort of update or explanation for this. It was just pulled from the dashboard and its tile remained in their set of Market Data, but it's no longer being updated.

Lastly, I raised concerns about these things on their Reddit sub and got banned today. It's a ghost town anyway, but let that sink in. I was banned by a regulated derivatives exchange for asking questions.

Does anybody know what's going on here?

submitted by /u/moreaction-lesstears
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