Speculation: Does the Nasdaq silently test a new Bitcoine-based product?
Speculation: Does the Nasdaq silently test a new Bitcoine-based product?

By xlubecx | free life | 24 Apr 2019

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World's second largest Stock Exchange Nasdaq is reported to be testing Bitcoine (BTC) based product trading. This is suggested by the StrongMarket analyst, who is called Cryptopolis.

Cryptopolis has published a tweet claiming to have bought one Bitcoin through a retail brokerage account, TM Ameritrades, which uses Nasdaq technology.

Bitcoin traded on the platform against the US dollar under the unknown symbol "CXERX", which was apparently listed by Nasdaq. The analyst added that the BTC / USD pair was running on the platform on April 10, according to the chart.

Based on his findings, he addressed TD Ameritrades' support to learn more. However, the support refused to include them and just added that it is not a real trading symbol (only available in the demo) and therefore cannot disclose more details about it.

Based on these indications, Cryptopolis concludes that Nasdaq appears to be silently testing the new Bitcoine-based product, which is still available only through their Paper Trading platform, via the "CXERX" symbol.

So it looks like the Nasdaq could really really get into the cryptocurrency soon. At the end of 2018, he indicated that he was considering running Bitcoin Futures. VanEck's Gabor Gurbacs revealed that he and Nasdaq had talked about this possibility.

In addition, in February, Nasdaq introduced two cryptocurrency indexes based on collaboration with Brave New Coin (BNC) - Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX).

 

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xlubecx
xlubecx

i am cryptocurrency trader


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