Context for market
I 
Japan! My eyes were opened to this remarkable culture, land and people when I studied Japanese 
at school and was delighted to visit a few years ago, where I fell in love with the people, the skiing 
, the onsens ( 
) and the sushi 
! Recently our community manager, @christina welcomed a new member to her family (
Naomi 
) and she instantly became my market muse and all things Japan are back on my radar!
I’m proposing to create a JPY/USD futures market to assist me, and others, in managing Yen in my portfolio 
.
I think that a cash settled futures market, rather than deliverable futures (which is what the CME offers) could be useful to a class of traders and strategies, particularly when the physical Yen or USD are not required. Also, having a DAI settled market for a traditional FX pair is really cool!
Quick Info
- Monthly JPY/USD (cash settled direct) Futures markets
- First market - expiry June 2021 (can roll out more if there’s appetite)
- Data source for settlement:
I’d love some help from the community with recommendations! - Settled in DAI
- Approximate maximum leverage
Check out my proposal here:
Market Muse
