Benzinga | Oct 21, 2021 12:12PM EDT

ZK Int'l. Subsidiary xSigma Trading Highlights Beta Launch Of 2 Flagship Trading Platforms, 'xSigma Trading' For Contract For Difference Trading, 'xSigma Trader' For Crypto, Crypto Options And Derivatives

ZK International Group Co., Ltd's (NASDAQ:ZKIN) ("ZKIN", "ZK International" or the "Company"), and its subsidiary xSigma Trading ("xSigma"), is pleased to announce that the Beta Launch of its two flagship trading platforms, "xSigma Trading" for CFD trading and "xSigma Trader" for Crypto, Crypto Options and Crypto derivatives.



XSigma Trading is a proprietary, robust, dynamic, interactive trading platform that focuses on CFD trading in global markets via its advanced, independent design and cutting edge technology. Through xSigma Trading, all traders can participate in the CFD marketplace and engage in the trading of various unique products and offerings including some of the most restricted stock lists in the marketplace.

XSigma Trader is a cutting edge Crypto, Crypto Options and Crypto derivatives platform allows users to actively assess and engage in the volatile crypto currency market. The platform allows participants to diversify their crypto currency risk by using products like immediate and short-term crypto options and derivatives. xSigma Trader plans to allow the offering of a large variety of crypto currencies and a marketplace for most new crypto listings to trade.

The launch of our Beta Launch is timely in the crypto world as we are witnessing significant events in the crypto space:

* Bitcoin reached a new all-time high, shooting past $66,000, while ETH broke $4,000

* The current cryptocurrency Market Cap reached $2.5 trillion according to Coinmarketcap[1]

* In August open interest on bitcoin and Ether derivatives was $12.12 Billion according to cointelegraph[2]

* Over $100 billion in derivatives are traded on a busy day according to research of Carnegie Melon University[3]

* ProShares debuted on the New York Stock Exchange (NYSE) on Tuesday, and seeing trading volume of more than $1 billion on its full first day

[1] https://coinmarketcap.com/charts/

[2] https://cointelegraph.com/news/cryptocurrency-derivatives-market-shows-growth-despite-regulatory-fud

[3] https://www.cmu.edu/tepper/news/stories/2021/april/cryptocurrency-derivatives.html

The CEO of xSigma Trading, Apan Sood states, "We, at xSigma, are very pleased and excited to launch the beta version of our core trading platforms at such and exciting time in the crypto space. We believe that xSigma's trading products will lead the trading community into the future of CFDs, cryptocurrencies and derivatives trading. Our platforms encompass a wide range of products that truly allow traders at all levels to access a much larger range of equity CFDs and crypto derivatives than what is available in most platforms today. xSigma's unique trading platforms provide traders with greater opportunities to take advantage of volatile markets while protecting themselves from market risk. Our goal is to create a unique and robust high matching platform that combines crypto derivatives & equity CFD's all in one trading solution. These systems have been designed as a crypto and CFD trading platform for both retail and institutional clients that will adopt crypto trading, lending, options & derivatives as well as US Equity CFD's all within one platform."

For further information about xSigma Trading's products contact us at: https://xsigma-trading.com/#contact-form