Monex Group Company TradeStation Group Inc. will be moving into the cryptocurrency sector this year via a recently created subsidiary called TradeStation Crypto, Inc.
The final details of the company’s new product offering will be released later this year, but they have highlighted their intention of creating an online crypto brokerage service.
TradeStation are Leaders in Online Trading
Available later this year, the company is planning to open an online brokerage service designed for crypto investors and traders.
It will leverage TradeStation’s extensive experience as leaders in the securities and futures brokerage sector to address the problems currently faced in the crypto ecosystem.
It has also created a ‘waitlist’ where traders can sign themselves up and stay updated on the latest developments of TradeStation Crypto.
John Bartleman, TradeStation Group president, noted:
“We believe investors and traders are seeking ways to access and trade cryptocurrency products similar to the way they trade traditional capital markets – and through a trusted and familiar brand and company.”
He further added:
“Our focus will be to provide the tools and services that serious traders require to trade across multiple asset classes, including crypto. TradeStation Crypto’s product offering should be a major leap forward in our ability to offer customers access to the next generation of assets for active trading under the TradeStation brand.”
Aggressive Push into Crypto
With the launch of TradeStation Crypto, the Group is taking another step in its aggressive crypto expansion plan.
The group’s expansion into cryptos started when TradeStation Securities Inc. became one of the first online brokers to support real-time market data for Bitcoin indices which were sourced from CME Group and Cboe Global Markets.
TradeStation also offered support for order execution and market data when Cboe Futures and CME launched their Bitcoin futures contracts.
TradeStation Crypto will be sponsoring The North American Bitcoin Conference, set to be held at the James L. Knight Center in Miami between January 16 and 18.
The event describes itself as “the most important blockchain conference of the year.”