Binance expands TradFi push with options on 1,000 US stocks, ETFs
The launch gives eligible non-US users access to physically settled options on more than 1,000 US stocks and ETFs through a single Binance account.
Binance is broadening its reach into traditional finance by introducing options trading on over 1,000 US stocks and exchange-traded funds for eligible non-US users. The options will be accessible through Binance’s Abu Dhabi-regulated broker-dealer, Nest Trading, with orders sent to US-registered Alpaca Securities for execution, clearing, settlement, and custody.
This move expands on Binance’s current offering of more than 7,000 US stocks and ETFs, adding to a growing range of traditional financial products available on the platform. Binance emphasizes that these options are physically settled, ensuring that users who exercise them receive or deliver the underlying shares. The company notes that trading in traditional financial products on the platform has seen a surge, with TradFi perpetual futures volume reaching approximately $433 billion in August, which is roughly 15 times the total of January.
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