TradeStation Crypto Now in New Jersey and Tennessee
TradeStation is a fintech specializing in brokerage services and trading technology. The company is a subsidiary of the Monex group and was originally founded as Omega Research, before evolving into a self-clearing online securities brokerage.
What happened: As part of a vision to provide tailor-made brokerage solutions to stand-alone traders, TradeStation has expanded access to its cryptocurrency platform; now residents of New Jersey and Tennessee can apply for an account to trade cryptocurrencies.
“The adoption of digital assets continues to grow across the country, and we are delighted to offer access to crypto markets through the TradeStation Crypto platform in two other states,” said James putra, Vice President, Product Strategy at TradeStation Crypto. “We are continually improving our crypto products and offerings and look forward to further expanding our trading community.”
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Why is this important: The development comes as TradeStation Crypto believes it is the first to offer a true online brokerage model that self-employed traders have come to expect for other asset classes.
Unlike its competitors, TradeStation bundles multiple liquidity pools, providing users with a consolidated market data feed combined with an intelligent order routing system.
Put simply, users benefit from better transparency and better execution.
Go forward : The company is looking to expand into new markets and add new parts.
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