Add as a preferred source on GooglePrimeXBT Adds Seven Stock-Linked Futures, Restricts U.S. Reportable Persons
The contracts trade around the clock and do not confer share ownership. All seven were listed as live four days before PrimeXBT announced the expansion on Oct. 27.
PrimeXBT has added seven stock-linked futures to its PXTrader 2.0 platform, giving eligible customers round-the-clock long or short exposure while excluding U.S. reportable persons from platform access.
The contracts are denominated in Tether (USD₮), while their listed pairs use the symbol USDT: SpaceX (SPCX/USDT), NVIDIA (NVDA/USDT), Tesla (TSLA/USDT), Circle (CRCL/USDT), Apple (AAPL/USDT), Alphabet (GOOGL/USDT) and Robinhood (HOOD/USDT). PrimeXBT labels them “Tokenised Stocks,” but they are futures tied to share-price movements. Holding a contract does not give traders the underlying shares, ownership rights or shareholder benefits.
Trading is available 24 hours a day, including outside regular stock-market hours. The U.S. restriction applies to platform access, so U.S. reportable persons cannot use PrimeXBT to trade the contracts.
The seven markets were listed as live by Oct. 23. PrimeXBT announced the expansion on Oct. 27, four days after the markets were already live.
“Earnings season in particular can bring significant price movements,” said Jonatan Randin, a senior market analyst at PrimeXBT.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.