How Coinbase plans to force-settle and instantly recreate institutional positions on Deribit within a 30-minute window
Coinbase expects to transfer Coinbase International Exchange institutional accounts, balances, and positions to Deribit on Sept. 9, a deliberate cutover that might cancel open orders, settle positions at market costs, and recreate them on Deribit. The change applies to International Exchange institutional purchasers, not the retail migration path for Coinbase app and web site customers….
