Interview with Richard Olsen, Lykke’s CEO, on Short LyCI
Why is Short LyCI called short?
'Short' is the term that professional traders use for investments that are profitable when the market drops. This is opposed to investors buying 'long' products. ‘Long’ is the term for traders that make money out of price rises hoping that in the long run the asset will continue growing in value. Professional investors have access to financial products that can still make money even if the market as a whole has moved southwards. This is one of the things that maintains the gap between professional investors and regular investors.

However, now ShortLyCI offers regular investors an easy opportunity to make money out of downward price movements; this is a first in the crypto market.

You can read the full interview at: https://www.lykke.com/city/blog/Interview-with-Richard-Olsen