Advertisement
Australia markets open in 9 hours 7 minutes

  • ALL ORDS

    7,849.40
    +17.50 (+0.22%)
     

  • AUD/USD

    0.6537
    +0.0010 (+0.15%)
     

  • ASX 200

    7,587.00
    +17.10 (+0.23%)
     

  • OIL

    79.06
    +0.06 (+0.08%)
     

  • GOLD

    2,311.00
    0.00 (0.00%)
     

  • Bitcoin AUD

    90,391.95
    +2,616.52 (+2.98%)
     

  • CMC Crypto 200

    1,268.11
    -2.63 (-0.21%)
     

Crypto Exchange FTX.US Opens Stock Trading to Users Nationwide

Cameron Thompson
Updated ·1-min read

FTX.US has opened stock trading to users in all 50 American states, company President Brett Harrison said in a tweet Wednesday.

  • The cryptocurrency exchange will now allow all users to trade hundreds of stocks and exchange-traded funds either online or through the FTX.US Pro mobile app, he added.

  • The U.S. unit of the FTX exchange piloted the feature to a select group of customers in May, and said it would not charge fees or monetize trades in a way similar to Robinhood (HOOD), which has been criticized for its payment for order flow business model.

  • In June, FTX.US acquired stock-clearing company Embed Financial Technologies to provide its application programming interface (API) and brokerage services to the platform.