eToro, an Israeli multinational social investment and trading network, has introduced options trading to its users in the United States as part of the ‘ongoing diversification’ of its offerings in the country. The new offering is an addition to eToro’s existing stocks, exchange-traded funds (ETFs) and crypto assets offerings on its trading platform.
he network announced the launch of eToro Options by eToro USA Securities Inc. on Tuesday in its official twitter account. The launch of the new social options trading platform comes three months after the trading network entered into a definitive agreement to acquire Gatsby, a commission-free options and stocks trading firm, for $50 million.
eToro noted that it integrated Gatsby into its ecosystem in order to open up its users to the “exciting world of options trading.” The network further said its goal is to “continue growing its social investing network” by enabling simple access to the assets, information and tools people want.
