Trade.xyz said in a post on X that GIGADEV, the product tied to GigaDevice Semiconductor Inc., is now live on the platform with up to 10x leverage and round-the-clock trading. The instrument tracks the value of one A-share of GigaDevice Semiconductor Inc., which is listed on the Shanghai Stock Exchange under ticker 603986. According to the description provided, the oracle converts the stock’s CNH-denominated price into U.S. dollars using the current USD/CNH exchange rate. The company behind the underlying stock, GigaDevice Semiconductor Inc., is described as a Beijing-headquartered fabless chipmaker and a global leader in NOR flash, with additional products spanning specialty DRAM, microcontrollers, and analog chips.
Trade.xyz said in a post on X that GIGADEV is now available on the platform, with up to 10x leverage and 24/7 trading.
GIGADEV tracks one A-share of GigaDevice Semiconductor Inc.
According to the platform’s description, GIGADEV tracks the value of one A-share of GigaDevice Semiconductor Inc., which is listed on the Shanghai Stock Exchange under stock code 603986.
The oracle converts the underlying stock’s CNH price into U.S. dollars based on the current USD/CNH exchange rate.
About the company
The introduction describes GigaDevice as a Beijing-headquartered fabless chipmaker and a global leader in NOR flash. It also produces specialty DRAM, microcontrollers, and analog chips.
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