A common recommendation by self-help classes is to invest in the stock market.

The US stock market provides the opportunity to invest in some of the best businesses in the world. However, brokers that provide a bridge to this investment often charge high fees.

A few decades ago, prior to the rise of the internet, brokers used to be individuals standing at the stock exchange forcing out physical sales. Now, that classic image of a mob-like scene at the stock exchange is non-existent. Everything is computerized—yet brokerage fees seem to be climbing.

Brokerage fees in the stock market are an example of how technological integration does not always equate to lowered cost, at least not all forms of technological integration do so. Right now, e-brokerage firms make buying stocks easy (if you have enough money). They only need you to perform an app download. The cost of this convenience is a high fee; eTrade, for example, charges a $10 fee per trade, and this means an entry and exit would cost $20. Even with a $1,000 investment, the mere trading fees eat up 2% of the principal amount.

Disrupting the Trading Industry

Blockchain technology and cryptocurrencies are characterized by their disruptive force, pushing towards change across a host of industries, and the trading industry is no exception.

Cryptocurrency exchanges offer incredibly low fees which are particularly friendly towards individuals with limited access to capital. The tiny fees—as low as 0.05%—that are charged by some exchanges are one of the prominent reasons behind the swift rise of cryptocurrency trading; it's just so easy and cheap to join in.

This accessibility to trading can also be offered for traditional securities.
An upcoming financial technology company, CDRX, aims to become an exchange for Crypto Depository Receipts (CDRs). A CDR is simple to create: a financial security is deposited at a trusted third party and receipts of the deposit are issued as tokens.

Each token is backed by the deposited financial security. Thus, it becomes possible to trade the tokenized receipt of the financial security.

Due to the properties of token trading, CDRs are cheaper to trade than the financial securities they represent.

CDRX will employ cutting-edge matching engines to ensure the caliber of trading provided by centralized cryptocurrency exchanges is available to CDR traders. There are 100s of trillions of dollars’ worth of financial securities and the establishment of CDRs can make sure this market becomes easy and affordable to access, similar to any token, and the founding team is well-qualified to deliver this ambitious goal.

The team behind CDRX has decades of combined experience in some of the most established financial institutions. They are addressing the liquidity needs that such a project will demand. With the aid of their existing network, CDRX's founders are building relationships with institutional liquidity providers to ensure a project like this does not open up odd arbitrage opportunities, unfulfilled orders, or empty trading books.

Naturally, having a deep-rooted work history in the financial sector in a powerful competitive edge which will not only aid in the development of the project, but will also thwart any imitation.

The trade of cryptocurrencies is a massive market, but the net market capitalization of the Crypto market is dwarfed by the net market cap of traditional financial securities. There is immense potential to be had by disrupting the current format of securities trade. CDRX stands poised to bring disrupting by way of price competition, in addition to a number of other ways, which you can read here.