Nasdaq Launching Bitcoin Trading Pairs
Well, today’s scenario looking at there growing interest among the institutional investors for Bitcoin. It’s not amusing to see stock companies like NASDAQ entering the Crypto market when NASDAQ launched Brave New coins Bitcoin and Ethereum Liquidity indexes (BLX and ELX).
So with all, that’s happenings a question arises that is NASDAQ listings Bitcoins?
Well, it seems true as according to Cryptopolis a quantitative analyst at StrongMarket.com a tweet from them.
Which went viral in which they claimed to be able to purchase a Bitcoin through TD Ameritrade an electronic trading platform which seems to be connected to NASDAQ.
According to analyst concern how NASDAQ began offering BTC/USD pair for trades as on 10th of April.
But to clear the concern it was later made clear that the trade was actually made using the paper trading platform and not on a real one.
Taking the discussion ahead,
When Cryptopolis had contacted TD Ameritrade’s support team that whether Bitcoin was traded by NASDAQ via CXERX, to this the support said that they had no idea about the symbol and they referred it as an index.
Sean B(support specialist) at TD Ameritrade responded to it with a comment:
“I’m not sure what it is, never heard of it or seen it and the quote doesn’t pull on the live side.”
Seems not only Cryptopolis but also Charlie Lee The creator of Litecoin [LTC] had noticed the listing on Bitcoin (BTC) On the TD Ameritrade trading platform.
There can be hidden clues of the NASDAQ’s entering into the Crypto Market.
Cause when it was discovered that BTC/USD was masked and listed as CXERX.
It left significant chances that masking may have been done to just test it the platform itself.
With all this evidence although it cannot be denied that NASDAQ is working on something but still it’s too early to assume that NASDAQ will be offering Bitcoin trades to its general public.
There are still responses to be received by the firm NASDAQ.
