Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

TradeStation Supports Trading of Ether Futures from CME Group on Day One

Traders now have another tool to participate in cryptocurrency price fluctuations through an established futures commission merchant

TradeStation Securities, a Monex Group company and award-winning broker dealer and futures commission merchant, now offers its futures clients the ability to trade futures contracts on Ether, the world’s second-largest cryptocurrency by market value, through CME Group (CME).

CME’s addition of Ether futures follows the significant growth and success of its Bitcoin options and futures products introduced in January 2020 and December 2017, respectively, and is being offered to answer the growing customer demand for additional regulated cryptocurrency products.

Recommended AI News: Unbxd Collaborates With Google Cloud to Offer AI-Powered Commerce Search on Google Cloud for Retail Store

Related Posts
1 of 30,334

“We are pleased TradeStation is supporting the launch of our new Ether futures contract on day one,” said Tim McCourt, Global Head of Equity Index and Alternative Investment Products at CME Group. “Since the launch of our Bitcoin futures more than three years ago, the broker community has played an important role in not only facilitating trading but educating institutional and professional traders on the benefits of crypto derivatives. The addition of CME Ether futures will provide market participants with a valuable tool to trade and hedge this growing cryptocurrency, and we look forward to continuing to work with TradeStation and others to expand the trading ecosystem around this new hedging tool.”

Recommended AI News: Boston Startup Resultably Helps Businesses Understand and Predict Workforce Efficiency

TradeStation clients can now trade Ether futures through its TradeStation platform as well as its TradeStation FuturesPlus platform. Both platforms provide cutting-edge visualization and analysis tools coupled with TradeStation’s simplified pricing, educational offerings and committed customer service.

“Amidst explosive price fluctuations and Bitcoin’s recent all-time high near $40,000, we’re thrilled to offer our futures clients another tool to participate in what may well be another turning point in the virtual currency markets,” said John Bartleman, President of TradeStation Group, Inc., TradeStation’s parent company. “We’ve stood by CME’s side since 2017 to support trading of its virtual currency derivative products and look forward to our continued relationship to meet the increasing client demand for trading in these markets.”

Recommended AI News: BitBoss Announces Integration With Dotwallet to Offer Native Igaming Experience Using Bitcoin SV Blockchain

Leave A Reply

Your email address will not be published.