First Global Credit, the first company that allows bitcoin to be used as collateral margin to trade over 200 different stocks and dozens of ETFs has expanded the range of available equities to include shares traded on the London Stock Exchange (LSE.)
“The best way to serve our customers is to provide choice,” says First Global Communications Director Marcie Terman. “We already offer a good mix of tech, entertainment, internet and health care stocks and while we offer several ETFs which cover geographic growth areas like Brazil, Russia, China and Mexico, until now choices were limited to the American markets. First Global supports customers from all continents (excepting Antarctica) and it is our plan to offer equity trading from a wide range of countries starting with the United Kingdom, where we have a concentration of clients.”
The company’s goal is to support bitcoin as a viable alternative to fiat currency. To do this bitcoin holders need to be able to use their capital in all the ways one would use fiat. To buy goods and services, to trade, loan, borrow and invest. Our contribution to the market is to give people the ability to retain control of their bitcoins for the appreciation value while using them simultaneously as a resource to generate a return. In this case from trading equities, though the long-term plan is to add a variety of trading and investment services to meet the needs of investors with different time-frame and risk profiles.
“If traders have something they are specifically interested in trading, it is also possible to request that it be added to the trade list,” states First Global CEO Gavin Smith. “If there is sufficient liquidity and it is available from one of our prime brokers, we will add it to the platform.” Just fourteen months after launch the company booked close to $2m dollars’ worth of stock trades per month on the platform. Other services currently available include Currency Switch which allows the bitcoin collateral to be moved in and out of fiat without closing stock trades. “Until recently, it has been difficult to find any option to turn bitcoin into a productive asset,” states Terman. “Our clients have a distinct edge over other bitcoin holders because they can extract profit from their capital in two ways.”
Those interested in more information or to sign up for a free demonstration account can visit the site at https://www.firstglobalcredit.com.
About First Global Credit: First Global Credit is the world’s first Finance Company that brings the profit opportunities available in the mainstream markets within the reach of those holding digital currency. The company has been founded by risk management specialist Gavin Smith and Financial Data Security Company Director Marcie Terman. Smith and Terman head a team with over 35 years’ collective experience building and managing trading and back office systems for world-class trading companies operating in London and Geneva. The objective is to provide services that generate a return from bitcoins without the need to sell them. We deliver these services with a focus on customer care not generally found in digital currency companies. First Global is committed to assisting our customers achieve their financial objectives and to do this our systems have been built using enterprise grade technology and security. Our processes are designed to assure the privacy of our customers alongside the security of their assets. The company is committed to developing a stable and secure digital currency capital market.