TD Ameritrade invests in crypto-trading platform Eris-X, to offer spot exchanges and future contracts

2019-5-21 10:23

TD Ameritrade, one of the biggest companies in the United States offering an electronic trading platform for trading financial assets, recently announced that it was going to launch cryptocurrency trading on its parent platform.

Now, according to an official announcement, the organization revealed that they had made an investment in ErisX, a company which is planning to offer both cryptocurrency spot contracts and future contracts in a single exchange.

The website stated,

“TD Ameritrade will be working with the team at ErisX as they develop and launch their cryptocurrency trading products. This strategic investment is yet another way to demonstrate our ongoing commitment to innovation—and bring our clients a best-in-class investing and trading experience.”

TD Ameritrade had announced the addition of cryptocurrencies to its portfolio last month after Charlie Lee, the CEO of Litecoin, tweeted about tests conducted on its platform.

Bitcoin Futures contract trading was initiated on the official platform earlier, but was only open to high-volume traders. On TD Ameritrade’s platform, the minimum deposit required for trading BTC future contracts was $25,000, at press time. The potential traders also needed two advisory notes from CFTC and NFA to keep in check the risk associated with virtual assets.

Eris-X, a CFTC-regulated derivatives exchange, will now be open to retail crypto-traders and according to the official statement, the firm has plans to offer both spot exchanges and futures contracts based on the digital currencies.

The official statement mentioned,

“This strategic investment is yet another way to demonstrate our ongoing commitment to innovation—and bring our clients a best-in-class investing and trading experience.”

The post TD Ameritrade invests in crypto-trading platform Eris-X, to offer spot exchanges and future contracts appeared first on AMBCrypto.

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platform ameritrade trading future contracts eris-x offer

platform ameritrade → Результатов: 18


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2019-4-25 11:21


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$1 Trillion Brokerage Giant TD Ameritrade is Quietly Testing Bitcoin

TD Ameritrade and Nasdaq appear to be testing a BTC and LTC spot trading feature that could open the floodgates for institutional adoption of Bitcoin and cryptocurrency. Bitcoin Trading on TD Ameritrade and Nasdaq? On Monday (April 22, 2019), a Twitter user called “Cryptopolis” announced that BTC trading on the Nasdaq via the TD Ameritrade brokerage platform.

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TD Ameritrade set the XRP community buzzing this evening when it dropped a major hint about future XRP support on the popular investing platform. Earlier today, a Twitter user named Jerry Hall (@Jerryvhall1) sent an innocent tweet to the TD Ameritrade Network account (@TDANetwork) asking for their views on possible XRP support in the future: […]

2018-12-12 05:46


Фото:

ErisX Receives Investment From TD Ameritrade, to Develop a Regulated Cryptocurrency Exchange

The year 2018 has seen several collaborations and investments from traditional financial service firms into the crypto market. Recently, TD Ameritrade made a strategic investment in ErisX. It is a regulated derivative exchange and a clearing organization that will support crypto spot markets and digital asset futures on the same platform.

2018-10-5 20:34