1 year ago
81 Online crypto brokerage firm TradeStation has announced that it has added six more digital assets to its trading platform.
The new products added include Aave, Chainlink (LINK), Compound (COMP), Shiba Inu (SHIB), Maker (MKR), and Polygon (MATIC). The platform also offers Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), USD Coin (USDC), and Litecoin (LTC).
The platform stated that all six new tokens are now available on the crypto web and mobile application of TradeStation. Its array of APIs also includes both FIX and REST APIs.
Vice President of Product Strategy at TradeStation, James Putra, commented on the development. He stated that the company is excited about the addition of the new products, which will give users more trading options.
“Each coin was chosen for our platform following a rigorous selection process,” he noted, adding that customer demand and the popularity of the token were considered.
TradeStation’s intelligent order routing system along with its consolidated market data feed enables the platform to aggregate multiple pools of liquidity for each trading pair.
TradeStation Adds Micro Copper Futures To Its Offerings
In May this year, TradeStation announced that it has started offering Micro Copper Futures from CME Group. The platform said it now offers more than 450 futures and futures options products on its platform.
The brokerage noted that the addition of the Copper futures will provide transparency and liquidity to a lot of market participants. These micro products have lower margin requirements because they are smaller in notional size. This makes them easily accessible to retail traders who are looking for flexibility and diversification. They are one-tenth of the standard-sized copper futures contracts and are usually cash-settled. TradeStation wants to offer more flexible products that will suit different types of traders on the platform. The inclusion of micro Copper Futures is a plan to achieve just that.
Chief Executive Officer of TradeStation, John Bartleman, stated that the company is offering new futures products to meet its customers’ needs. The new products are also evidence of the firm’s longstanding relationship with CME. He noted that TradeStation wants to provide the right products for all types of investors, including the younger generation.
