Global markets experienced significant volatility last week, driven by a US labor report showing 162,000 new jobs in August, which exceeded the 53,000 forecast. This data impacted Federal Reserve rate expectations and pushed 10-year US Treasury yields above 4.78 percent.
Crude oil prices remained above $90 per barrel due to Middle East tensions. Simultaneously, Tesla shares fell 6 percent following news of a regulatory investigation into its autonomous vehicle technology, while Lululemon also saw notable declines.
Zoomex, a derivatives exchange founded in 2021, offers tools to trade these market movements through BTC and ETH perpetual contracts, as well as its expanding suite of Stock Perpetuals for assets like TSLA.
The platform currently serves over 3 million users across more than 35 countries and regions, providing access to over 700 trading pairs. It holds regulatory registrations in jurisdictions including the US, Canada, and Australia.
Zoomex utilizes a high-performance matching engine and maintains security audits from Hacken. The exchange differentiates itself by not issuing a platform token and avoiding venture capital or incubation deals.
