X product lead discusses "smart labels" again: X will not directly execute trades or act as a broker
According to Odaily, X Product Lead Nikita Bier stated on X platform: "X will not be responsible for trade execution or act as a broker; it is only building financial data tools and connections."
This means that trading operations initiated by users on the X frontend will be redirected to external brokers or exchange partners for execution.
Previously, Nikita Bier said yesterday that X will launch several new features in the coming weeks, including "Smart Cashtags," which will allow users to trade stocks and cryptocurrencies directly from their timeline.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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