Stock brokerage giant TD Ameritrade bets on a new cryptocurrency exchange

The U.S. brokerage firm announced a strategic investment in an exchange called ErisX, which offers both bitcoin spot and futures trading.

  1. “We wanted to find a platform that would be fully regulated, and something that has that capital markets feel,” says JB Mackenzie, head of futures and foreign exchange trading at TD Ameritrade.
  2. High-speed trading company Virtu Financial will also back the crypto exchange.
  3. The crypto exchange is regulated by the Commodity Futures Trading Commission.
  4. Read more at CNBC