Cryptocurrencies
Crypto Exchange FTX US Expands Stock Trading, Plans Options Next
- Stock-trading service launched to all US users after beta test
- Plans to add options trading in future, following Robinhood
The FTX booth at the Blockchain Week Summit in Paris, France, in April.
Photographer: Benjamin Girette/BloombergThis article is for subscribers only.
Crypto exchange FTX US is expanding its no-fee stock trading service to all US users, including non-crypto investors, in a move to expand its customer base and increase assets under custody.
“Our beta users were from a pool of existing FTX US crypto users,” Brett Harrison, president of FTX US, said in an interview. “It will be very interesting when we open it to all to see how many FTX US users start to trade stocks, and to what it extent we will be able to bring new users.”