The US arm of the cryptocurrency exchange, FTX, is going old school with the launch of its new stock-trading service for a limited number of users in the country. The new offering is being released through FTX Capital Markets, which happens to be a FINRA member broker-dealer.
Push for Stock Trading
According to the official announcement, the platform plans to expand its functionality to all US users over the next months. FTX Stocks will enable users to trade and invest in hundreds of US exchange-listed securities, such as common stocks and exchange-traded funds (ETFs).
At first, the new platform will route all orders via Nasdaq in a bid to provide “transparent trade execution and fair pricing.” Stock trading will be commission-free, and FTX Stocks will not receive any payment for order flow. It will also make fractional share trading available in a handful of securities. FTX US will accept payment for stock purchases in “fiat-backed stablecoins” such as USDC.
FTX’s latest exp
We współpracy z: https://cryptopotato.com/ftx-us-launches-stock-trading-for-select-users/
