Trading on the platform for security-tokens tZero from the retail giant Overstock will take place exclusively in the hours of the American session, as brokerage services are provided to traders by the new York Dinosaur Financial Group, reports CoinDesk.
Note that the first 10 tZero tokens were purchased at $8, which is lower than the STO price by more than 20%. Nevertheless, the participants of the presale had the opportunity to buy coins in the range of $5-$8.
Follow the quotes tZero and create orders in this case can only be approved by users who are accredited investors.
At the same time, the company plans to allow users to trade 24/7 in the future. Also, tZero presumably intends to obtain a broker-dealer license and open access to retail investors by August.
The main income tZero intends to receive from the token sale for other companies, but representatives of the platform do not deny that in the future it is possible to implement commissions for trading.
