TradeStation, GDAX Bringing Live Crypto Data
Users can access real-time Bitcoin, Ether, Bitcoin Cash and Litecoin data.
TradeStation, a Monex Group company and award-winning* online broker-dealer and futures commission merchant, now provides its clients with real-time market data for four of the world’s most popular cryptocurrencies. The four virtual assets are Bitcoin, Ethereum, Bitcoin Cash and Litecoin.**
Providing clients with real-time market data for some of the world’s most popular cryptocurrencies is another important step in broadening TradeStation’s appeal beyond traditional assets. In 2017, TradeStation added support for real-time market data for Bitcoin indices sourced by Cboe Global Markets and CME Group, and later added support for market data and order execution when the exchanges launched their respective Bitcoin futures contracts.
John Bartleman, President of TradeStation Group, Inc., noted that, “This data can be used to help guide trading decisions related to Bitcoin futures, as well to assess companies and market sectors – such as banks, credit card lenders and computer chip makers – that may be impacted by news related to cryptocurrencies or fluctuations in their prices.”
“We’re pleased to pair GDAX’s powerful digital asset exchange data with TradeStation’s impressive analytics platform,” said Adam White, Vice President and General Manager of GDAX, which provides retail and institutional traders with the ability to trade a variety of digital currencies like Bitcoin, Ethereum, and more on an exchange operating with a New York state BitLicense. “The ability to access GDAX’s spot market data alongside Cboe and CME futures data will provide users with an enhanced ability to evaluate and trade the crypto derivatives market in real time.”
Fragmented regulatory oversight will be a constant headwind.
New fund yields equal to other traditional high-risk index funds.
Cryptocurrencies can be regulated as commodities.
Better regulation can lead to more security and volume.
The new platform initially will eye institutional forwards trading.