Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide 
BitMEX News
Follow BitMEX news, derivatives trading updates, legal developments, regulatory actions, and market trends tied to one of crypto’s most influential exchanges.
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Banking
Fed opens a narrow payments door to stablecoin issuers, Arthur Hayes warns of bank fallout
Waller's "skinny" master account proposal could let compliant crypto firms access Fed rails directly, eliminating bank-partner friction while raising concerns about commercial-bank disintermediation.

Exchanges
BitMEX may offload $100M digital assets amid insurance fund reallocation
BitMEX said the transactions are not expected to impact users’ trading activities.

Alpha
Decline in crypto-margined futures may signal market maturity
Comparing the crypto-margined and cash-margined futures open interest reveals a discrepancy that has never been higher, indicating a growing preference for stability and risk mitigation in the market.





















