Cascade has announced the launch of a next-generation financial brokerage platform operating 24/7. The platform enables investors to trade perpetual derivatives contracts on both cryptocurrencies and major US stocks. This launch is part of the company's strategy to expand the range of financial services available to traders globally.
In a move aimed at reshaping modern trading standards, Cascade has officially announced the launch of an innovative financial brokerage platform known as "Neo-Brokerage." What distinguishes this platform is its 24/7 operation, which transcends the traditional time constraints of stock markets and opens the door to continuous trading opportunities in a world where the pace of economic and financial events is accelerating.
The new service primarily focuses on providing Perpetual Derivatives Contracts (Perpetuals) as a key financial product. Users will be able to trade on two types of assets: cryptocurrencies such as Bitcoin and Ethereum, in addition to major US company stocks. This blend of traditional and modern asset classes represents Cascade's attempt to attract a wide range of traders, from tech enthusiasts to institutional investors. Perpetual contracts allow traders to speculate on asset price movements without the need for actual ownership, with the possibility of using leverage, which increases the product's appeal to experienced traders.
This platform launch comes at a time when the financial industry is witnessing rapid digital transformation, with increasing demand for flexibility and 24/7 accessibility. This step is expected to spark intense competition between traditional brokerage firms and emerging technology platforms, which may lead to improved services and lower costs for end investors. It also reflects the ongoing trend of merging the traditional finance (TradFi) world with the decentralized finance (DeFi) and cryptocurrency space.
Cascade's launch of its new platform is a milestone in the financial services sector, pushing the boundaries of trading to new horizons of continuity and diversity. By enabling continuous trading on diverse assets, the company positions itself at the forefront of financial innovation. However, trading derivatives, especially using leverage, carries high risks, and investors must fully understand these products before engaging with them. The future of trading appears more open and non-stop, and Cascade hopes to be at the heart of this revolution.
Source: CoinDesk | Exclusive coverage from AI Tools Oasis
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