{"id":828296,"date":"2024-07-02T09:59:03","date_gmt":"2024-07-02T04:29:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=828296"},"modified":"2024-07-02T09:59:03","modified_gmt":"2024-07-02T04:29:03","slug":"traders-new-fancy-crypto-fo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/02\/traders-new-fancy-crypto-fo\/","title":{"rendered":"Traders&#8217; new fancy: Crypto F&amp;O"},"content":{"rendered":"<p>A Gurgaon-based trading firm, Vommafi Technology, backed by family offices, started allocating funds to cryptocurrency futures and options (F&amp;O) in early 2024. Today, this allocation constitutes 30% of their overall portfolio, said one of the traders who is making $1 million (~Rs 8 crore) daily turnover out of crypto F&amp;Os.<\/p>\n<p>Indian traders seem to have a new favourite in crypto F&amp;O with major exchanges like CoinDCX and Delta Exchange witnessing a surge in volumes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Gurgaon-based trading firm, Vommafi Technology, backed by family offices, started allocating funds to cryptocurrency futures and options (F&amp;O) in early 2024. Today, this allocation constitutes 30% of their overall portfolio, said one of the traders who is making $1 million (~Rs 8 crore) daily turnover out of crypto F&amp;Os. Indian traders seem to have a new favourite in crypto F&amp;O with major exchanges like CoinDCX and Delta Exchange witnessing a surge in volumes.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-828296","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/828296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=828296"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/828296\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=828296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=828296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=828296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}