Interactive trading platforms, which are designed to help people trade stock options on the secondary market, are set to make their debut in China.
Investors have been eager to test out these new trading tools in China for a few years, and the first trading platforms to come online were set up in the United States in 2009.
The first platform to go live in China was called “The Platform,” which offered trading options on stocks like Coca-Cola, the stock of China’s Alibaba Group Holding Group, or the stock trading for the company, according to Reuters.
By July of last year, more than 80 companies were listed on the platform, including Chinese media giants like the Shanghai Daily and Global Times.
The Shanghai Daily was the first to list on the China-based platform, and was joined by the Global Times and China Daily.
The platforms are designed for consumers, but investors can also trade stocks on them through an interface called “interaction-management” or “interactivity platform,” which allows the user to set up the trading options for their trading account.
Unlike other trading platforms like Poloniex, which have their own algorithms, Interactive Trading Platforms uses a platform called “CNBC.”
The platform provides options for the trader, and a tool called “Smart Options” that allows the trader to set a price for the option.
It is similar to how Polonies option trading algorithm works.
The smart options can be set for a price ranging from zero to 50 percent of the market value of the option, depending on the market, according the platform.