TradeStation Teams With GDAX Exchange To Provide Free Real-Time Spot Data For Cryptobr>
TradeStation, an online broker-dealer and futures commission merchant, is now providing its clients with real-time market data for four of the world’s most popular cryptocurrencies.
TradeStation partnered with GDAX, part of the Coinbase family of companies, to deliver rep-time spot data rates on cryptocurrencies for free. The four cryptocurrencies which the companies will provide data for are bitcoin, ethereum, Bitcoin Cash and Litecoin.
John Bartleman, President of TradeStation, said 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.
However, Bartleman did not state how soon they will be enabling transactions in the aforementioned cryptocurrencies.
“We’re pleased to pair GDAX’s powerful digital asset exchange data with TradeStation’s impressive analytics platform,” said Adam White, VP and General Manager of GDAX. “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.”
TradeStation said that 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.
Last year, the company 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.