Are There Differences in How Cryptocurrency Derivatives and Traditional Options Are Ported?
While the fundamental goal of porting is the same, there can be differences. Cryptocurrency markets operate 24/7, which could compress the time available for a porting process that might otherwise happen overnight or over a weekend in traditional markets.
The valuation of crypto assets can be more volatile, complicating the process of collateral assessment. Additionally, the set of clearing members willing and able to take on a portfolio of crypto derivatives may be smaller or have different risk management capabilities compared to those in traditional options markets.