SPECTRE (short for Speculative Tokenized Trading Exchange) is the world’s first brokerless, financial trading platform with an embedded, decentralised liquidity pool. Today, the financial trading industry is mired with conflict of interest and fraud. Brokers have been long known to manipulate prices and even refuse withdrawals, thereby destroying retail trader balances and finances, over time. This contributes to a shocking 70-90%+ industry loss ratio1, meaning that more than 7/10 traders lose money in the longer run. At unregulated ‘bucket shop’ brokerages, the loss-ratios are even higher as they simply refuse to allow traders to withdraw profits. Owing to the advent of blockchain technology, it is now possible to disrupt the existing, outdated model of financial trading.
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