Trade.xyz has launched IBM stock perpetual contracts, supporting up to 10x leverage trading.

BlockBeats News, June 1st, On-chain trading platform Trade.xyz announced the official launch of IBM stock perpetual contract products. The products support trading with up to 10x leverage and provide 24/7 market trading services all year round.

According to the platform, this product tracks the performance of International Business Machines Corporation (IBM) common stock price, allowing users to gain exposure to IBM's stock price without owning the underlying shares.

IBM is a global leading enterprise technology company with businesses covering hybrid cloud, artificial intelligence, enterprise consulting, infrastructure, and software solutions, serving enterprise and government clients.