Oh boy, oh boy, oh boy, ftx has done it again and they are continuing to expand their empire and this time into something. That's really not that new ftx, officially expanding into the world of equities training, and i want to detail some of the important aspects of this new business venture ftx us shout out. They have been a long time sponsor of the stream if you're not signed up for ftx check it out in the description. Fdx us debuts stock trading in push for bigger slice of the u.s retail pie.

Ftx ios is going for the original retail investment play stocks. Our goal is to offer a holistic investing service for our customers across all asset classes. You know i kind of like the idea of a one-stop shop for all forms of trading. Ftxu will not charge commissions, will not charge commissions or trading fees in keeping with the low-cost brokerage model of robinhood road to fame.

It will not monetize trader's orders by selling its flow to high frequency traders, a controversial practice known as payment for order flow, which robinhood has been severely criticized for so ftx's equities trading, which they're rolling out of beta now and as i have more information i'll happily Share that, with all of you, commission, free no payment for order flow, no pf, the exchange also plans to let its customers fund their account in the stable coin. Usdc this effectively means that the same go-between asset for crypto traders can enter the stock market as well. Like i said, i really like this concept of a one-stop shop. I really like that they're not doing payment for overflow, and i really like that.

Their equities training will be commission free once again, they're rolling out the beta. Now, as i get more information i'll share that with all of you, but it like, i say week over week, ftx's ecosystem is expanding at an incredible rate. You might as well sign up create an account because it's just insane it like if it can pull it off and that's a big if it very well could end up becoming the one-stop shop for all things related to markets. Crypto equities, i'm assuming they might get into something like futures in the wild in the futures in the future time will tell just a prediction but pretty cool stuff coming out of ftx.