Metin dökümü (en)

I mean, look, I would be very surprised in 10 years if all of the retail options volume that we see on Robinhood today isn't replaced with perps. Now, will it be like, you know, the legacy guys? Here's an interesting thing to do for your homework. If you look at the legacy guys, you know, CME, CBOE, NASDAQ, like a lot of these like core trading infrastructure products, you look at their stock prices. the same time that hype started to get mentioned in the news, their stocks all leg down like 20%. Why? Because I think the market looked at it and said, there is a legitimate threat that these guys are old, they're boomer, they're legacy. They are going to be slow to adopt perps.