Trade S&P 100 Constituents in BTC
WM ProTrade lets you Buy and Sell Tokenized and Fractionalized Securities of the Standard & Poors 100 constituents using Bitcoin. (i.e. Apple, Amazon, Facebook, JP Morgan) Not available to US & Canadian Residents. See full list of tokenized S&P instruments at tokenized Securities.
How Tokenized and Fractionalized Securites Smart Contracts (TFSSC) Work & Risk
Tokenized and Fractionalized Securities are ERC20 Tokens and Smart Contracts issued by a Peer(s) and whereby listing is paid by the peer(s).
Tokenized and Fractionalized Securities Smart Contracts are similar to Contracts for Difference (“CFD”) and are organized and operate similarly to the Direct Market Access model. In this model the peer hedges the TFSSC order immediately in the underlying physical market(s) of the underlying assets and digital assets i.e. Bitcoin, and the TFSSC is executed at the price of the hedge and may include a mark-up on the price of the underlying asset and or the price of Bitcoin. The peer reserves the right to hedge its position at anytime before, during and after the execution of an order. The TFSSC are quoted in Bitcoin and not USD and therefore Peers should understand the correlation between Bitcoin prices in USD and the market price of the Underlying Assets.
The TFSSC trade during normal market hours, however, Peers may also trade after the close of the market but no dynamic market will be offered and the liquidity will be thin and may be difficult or impossible for peers to enter and or exit trades in off market hours.
WorldMarkets.io does not supervise its peer(s) and or qualify and or approve the TFSSC or their quality and efficiency of the TFSSC market data and or trades.
U.S. Resident and Citizens are prohibited from trading the TFSSC.
It is important to understand the risks associated with TFSSC trading before you start trading as you can lose all your money.
Financial markets may fluctuate rapidly and the prices of products will reflect this. Gapping is a risk that arises as a result of market volatility. Gapping occurs when the prices of our products suddenly shift from one level to another, without passing through the level in between. There may not always be an opportunity for you to place an order or for the platform to execute an order between the two price levels. One of the effects of this may be that stop-loss orders are executed at unfavorable prices, either higher or lower than you may have anticipated, depending on the direction of your trade. You are able to limit the risk and impact of market volatility by applying an order boundary.