FTX US Launches Zero-Commission Equities Trading Platform
FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can be purchased with fiat-backed stablecoins. FTX US Launches Beta Equities Trading Platform FTX US customers phased in through the firm’s private beta waitlist can now leverage the platform to purchase stocks and ETFs. The company says the new feature offers hundreds of select....
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Overstock.com, Inc. will allow its stockholders to purchase shares of its preferred stock, including those to be issued and traded exclusively using the bitcoin-based “T0” platform the company developed for trading equities. The announcement marks a major step in the company’s efforts to offer a bitcoin blockchain-based trading system for equities. The company noted in a press release that it is making the offering to demonstrate its T0 platform, while providing its stockholders the opportunity to participate. Overstock’s communications director, Judd Bagley, hinted during the Money20/20....
Described by Overstock’s communications director, Judd Bagley, as a platform for trading “widgets” whose first use case will be equities - stocks and bonds, t0 which has been touted to be the world’s first Blockchain-based platform to issue equities and usher global financial system into a new age may be operational by December 2016. The t0 issuance and trading platform is developed by a Overstock’s majority-owned financial technology subsidiary, t0. At the Money 20/20 conference in Las Vegas, Bagley hinted on Monday October 24 at t0’s advantages over traditional equities trading systems....
Overstock.com hinted it will begin selling stock on its T0 platform, a blockchain-based platform for trading equities which it announced last year, according to Venture Beat. Judd Bagley, the company’s communications director, announced the company plans to move forward at the Money20/20 conference in Las Vegas, emphasizing T0’s advantages over traditional equities trading systems. Bagley said Overstock, unlike other innovators, is not going to hold back in the area of fintech innovation. He noted the company, being from Utah, is taking a “burn it down and start over” approach. Technically....
TradeZero, an online securities brokerage that offers free stock trading software, has launched what it claims is the first “dark pool” exchange for bitcoin to allow institutional traders to execute large bitcoin trades outside of the bitcoin exchanges, according to Reuters. Off-exchange trading can represent 40 percent of all U.S. stock trades. The Bahamas-based company will eventually include other digital currencies such as Litecoin and Ether.TradeZero also provides commission-free trading of stocks, equities, index options and ETFs. TradeZero also provides commission-free trading of....
Overstock CEO Patrick Byrne brought new attention to potential applications for blockchain technology on Wall Street earlier this week when his company's long-awaited blockchain trading platform debuted at Nasdaq's New York headquarters on Tuesday. The unveiling of tØ, covered by news outlets including Wired and The Wall Street Journal, was broadly focused on appealing to attendees with expansive rhetoric and a sweeping vision for how trading could be improved with blockchain technology while leaving some questions as to the market strategy and technical design of its products. In a new....