US Stock brokerage giant TD Ameritrade Invest in cryptocurrency exchange

US Stock brokerage giant TD Ameritrade Invest in cryptocurrency exchange.

According to a Bloomberg report, TD Ameritrade is investing in a brand new cryptocurrency exchange, called ErisX. The exchange will allow investors to trade bitcoin, bitcoin cash, Ethereum, Litecoin, and bitcoin, as well as bitcoin futures.

DRW Holdings and Virtu Financial also back the exchange. The futures contracts traded on the exchange will be physically delivered, not cash-settled. As for right now, TD Ameritrade customers can trade bitcoin futures contracts through the Cboe; with ErisX they will be able to purchase Ethereum and Litecoin futures contracts soon.

Executive vice president of TD Ameritrade trading and education Steve Quirk informed Bloomberg that “our retail clients are seeking to access and trade digital currency products in the same way they do with traditional capital markets – through a legitimate, regulated and transparent exchange.”

US Stock brokerage giant TD Ameritrade Invest in cryptocurrency exchange.

According to a Bloomberg report, TD Ameritrade is investing in a brand new cryptocurrency exchange, called ErisX. The exchange will allow investors to trade bitcoin, bitcoin cash, Ethereum, Litecoin, and bitcoin, as well as bitcoin futures.

DRW Holdings and Virtu Financial also back the exchange. The futures contracts traded on the exchange will be physically delivered, not cash-settled. As for right now, TD Ameritrade customers can trade bitcoin futures contracts through the Cboe; with ErisX they will be able to purchase Ethereum and Litecoin futures contracts soon.

Executive vice president of TD Ameritrade trading and education Steve Quirk informed Bloomberg that “our retail clients are seeking to access and trade digital currency products in the same way they do with traditional capital markets – through a legitimate, regulated and transparent exchange.”

 

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