Coinbase Adds U.S. Stock Options to Its One-App Trading Push
- —Options available to customers with a Coinbase Capital Markets brokerage account
- —Initially limited to long call and put contracts, typically 100 shares each
- —Execution, clearing and custody provided by Apex Clearing; broker is FINRA and SIPC member
- —Coinbase received CFTC approval for its own clearing house on September 28
Why it matters: Coinbase is diversifying revenue away from spot crypto trading by bundling equities, options and crypto into a single platform.
Source: TronWeekly