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Tim Hockey: Bitcoin has become more interesting for traders

Tim-Hockey-Bitcoin-has-become-more-interesting Tim Hockey | CEO of the TD Ameritrade

The CEO of the American brokerage company TD Ameritrade Tim Hockey said that Bitcoin has become much more interesting for traders.

"Customers often ask about Bitcoin, but in the US there are significant regulatory obstacles in order to provide the customer with the opportunity to trade cryptocurrencies. We would be glad to participate in this, but we need to make sure that risks for our clients and ourselves are insignificant," said Hockey in an interview.

Interestingly, according to the CEO of the company, investors do not share the concerns of regulators with respect to cryptocurrencies, including the Libra project. Hockey stressed that investors are constantly looking for new classes of assets to invest.

At the same time last year, TD Ameritrade acquired a share of the platform for trading digital assets ErisX. Earlier this month, the US Commodity Futures Trading Commission (CFTC) issued ErisX a license to provide Bitcoin futures contracts. 

"Our investments in ErisX can give us the opportunity to provide direct access to the cryptocurrency trade," 

said Tim Hockey.

Note that in May of this year, TD Ameritrade Executive Vice President Steven Quirk also spoke about the growing interest in cryptocurrency trading among broker clients. 


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