What: TradeStation, the award-winning and self-clearing online brokerage for trading stocks, bonds, commodities, futures, options, and cryptocurrencies, added new assets to its platform.
Why: This comes as the broker, who is regularly recognized at Benzinga’s Fintech Awards events for best-in-class software capabilities and impactful leadership, seeks to allow its clients better diversification across projects and their associated coins, below.
- Aave AAVE/USD
- Compound COMP/USD
- Chainlink LINK/USD
- Polygon MATIC/USD
- Maker MKR/USD
- Shiba Inu SHIB/USD
For each, TradeStation aggregates multiple pools of liquidity into a consolidated market data feed. This, along with an intelligent order-routing system, allows clients to have better visibility.
Thought: “You have to be diversified,” says famed investor Kevin O’Leary.
“The whole point is, you don’t know who is going to win. Is Ethereum ETH/USD going to win? Is Solana SOL/USD going to win? Is it Helium or is it Avalanche AVAX/USD? I own them all.”
Also Read: What's Going On With Voyager Token? VGX Rises 516% After Filing For Bankruptcy
Going Forward: TradeStation aims to continue to “assess additional coins” based on “demand and market sentiment,” a press release on the matter said.
The new tokens are available to users through its web and mobile applications, alongside a suite of API’s that include both REST and FIX API’s, as well as via Self-Directed Individual Retirement Arrangements (IRAs) provided by TradeStation Crypto.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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