xSigma announces beta of CFD and Crypto trading platforms

Rick Steves

The xSigma Trading platform will provide US Equity CFDs that will be wide-ranging to include equities that are normally not available as CFDs.

xSigma, a subsidiary of ZK International Group, has launched the beta version of its two trading platforms, “xSigma Trading” for CFD trading and “xSigma Trader” for Crypto, Crypto Options and Crypto derivatives.

XSigma Trading is a proprietary platform designed for the CFD marketplace, allowing investors to gain access to unique products and offerings including some of the most restricted stock lists out there.

<p style=”text-align: center;”><strong><a href=”https://t.me/financefeeds” target=”_blank” rel=”noopener”><button class=”btn btn-primary” type=”button”>Find us on Telegram</button></a></strong></p>

The xSigma Trading platform will provide US Equity CFDs that will be wide ranging to include equities that are normally not available as CFDs.

The platform will focus on stocks that are “in play”, speculative stocks that might normally be hard to borrow or too expensive to trade from the short side.

XSigma Trader is focused on the crypto ecosystem. The platform is designed for Crypto, Crypto Options and Crypto derivatives with the aim of helping traders diversify risk by using products like immediate and short-term crypto options and derivatives.

The platform will provide crypto options, crypto basket trading, and crypto basket lending, and aims to ensure “extreme market depth and liquidity”.

The current cryptocurrency Market Cap has reached $2.5 trillion and Bitcoin and Ethereum keep printing new all-time highs as crypto ETFs are stepping in at full steam.

According to research from Carnegie Melon University, the crypto derivatives market can reach volumes of more than $100 billion traded on a single day.

Apan Sood, Chief Executive Officer at xSigma Trading, said: “We, at xSigma, are very pleased and excited to launch the beta version of our core trading platforms at such and exciting time in the crypto space. We believe that xSigma’s trading products will lead the trading community into the future of CFDs, cryptocurrencies and derivatives trading.

“Our platforms encompass a wide range of products that truly allow traders at all levels to access a much larger range of equity CFDs and crypto derivatives than what is available in most platforms today. xSigma’s unique trading platforms provide traders with greater opportunities to take advantage of volatile markets while protecting themselves from market risk.

“Our goal is to create a unique and robust high matching platform that combines crypto derivatives & equity CFD’s all in one trading solution. These systems have been designed as a crypto and CFD trading platform for both retail and institutional clients that will adopt crypto trading, lending, options & derivatives as well as US Equity CFD’s all within one platform.”

ZK International Group Co., Ltd. is a China-based engineering company building and investing in innovative technologies. The firm established xSigma in 2018 as it expanded into smart contracts, distributed ledgers, supply chain management, and blockchain architecture.

Read this next

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

Digital Assets

Masa and LayerZero: Bridging Blockchains for Data Sovereignty

Masa Network is poised to revolutionize the personal data landscape with its upcoming launch as a cross-chain platform, making it accessible on a variety of blockchains right from the start.

<