Stock Trading Soon Available on FTX US
FTX US has opened up a wait list for users to learn about its soon-to-be-launched stock trading platform
President of the cryptocurrency exchange, Brett Harrison, announced in a tweet on Friday, that they will be soon offering stock trading and that those interested can now sign up for the latest updates.
The waitlist is open for FTX US Stocks! https://t.co/Hhc0eSHSI8
Sign up to be the first to learn about our upcoming stocks platform, including details on web/mobile access, trading execution, asset support, and integration with our crypto platform.
— Brett Harrison (@Brett_FTXUS) February 11, 2022
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The American subsidiary of crypto exchange FTX is specialized in spot trading of cryptocurrencies, however, it is eager to move into other markets, including crypto derivatives following its recent acquisition of Ledger Holdings.
Harrison already tweeted in January that his exchange was already working hard on making stock trading possible on the platform
We’re hard at work on stocks! Features we’re planning for day 1:
-Live BBO and historical candles
-Stock screening/search functionality
-Basic fundamentals (market cap, P/E ratio, dividend yield)
-Portfolio performance tracking, order/trade detailsWhat else should we have? pic.twitter.com/q2bTpsfuna
— Brett Harrison (@Brett_FTXUS) January 11, 2022
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Harrison tweeted in January that FTX.US was working actively on its stock trading service and teased some features it hoped to offer.
In the end of January, FTX US announced it had raised $400 million from investors including Softbank, Paradigm, and Multicoin Capital ,which put the firm at an $8 billion valuation.
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Source: igaming
