“Equity futures are stable after yesterday’s bloody session that shook views across all asset classes,” Ilan Solot, senior global strategist at Marex Solutions, said in a note shared with CoinDesk. “The decision by the PBoC to cut rates in a surprise move only added to the sense of panic.” Marex Solutions, a division of global financial platform Marex, specializes in creating and distributing customized derivatives products and issuing crypto-linked structured products.
