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

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

Digital Assets

Morgan Stanley to sell bitcoin ETFs to clients

Morgan Stanley may soon allow its 15,000 brokers to recommend bitcoin ETFs to their clients, as reported by AdvisorHub.

Digital Assets

Masa Announces Comprehensive AI Developer Ecosystem with 13 Dynamic Partners Focused on Leveraging Decentralized Data and Large Language Models

In a groundbreaking development, Masa, the global leader in decentralized AI and Large Language Models (LLMs), proudly announces the launch of its AI Developer Ecosystem, partnering with 13 visionary projects.

Financewire

Kinesis Mint becomes the official partner for the House of Mandela

Kinesis Mint, the certified independent precious metals mint and refinery of Kinesis, the monetary system backed by 1:1 allocated gold and silver, has been appointed the exclusive coin producer for the House of Mandela.

Chainwire

Kadena Announces Annelise Osborne as Chief Business Officer

Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO).

<