What is Boeing?
Boeing is an American company founded in 1916 by William E. Boeing. It conducts its business activities in the aerospace and defence industry. Although it was originally founded in Seattle, Washington, today Boeing headquarters are located in Chicago, Illinois, United States. It is considered to be among the largest aerospace companies in the world – with more than 150,000 employees – and one of the largest manufacturing exporters in the United States. The company is most famous for the production of commercial aeroplanes such as Boeing 737, 7474, 767, 777 as well as many other models.
The company also operates in other areas such as Defence, Space and security and Global services. Boeing designs and manufactures commercial airlines, helicopters, rockets, satellites. The company also has the Boeing capital segment which is developed to provide financing options for its customers.
The company also has a vast number of subsidiaries located in different countries across the globe.
Past performance of Boeing stock price
Boeing is traded on the NYSE with the symbol BA. As an aerospace company manufacturing a variety of products, Boeing stock price can be influenced by numerous factors.
The lowest price reached by Boeing during the last couple of years was recorded on 20 March 2020, during the pandemic, when it fell down to $94 (£72). The daily price chart shows that the lowest price was reached within a 30-day period when it fell from $338 (£258). The company experienced a peak in its price at the beginning of March 2019 when it hit a record high of $445 (£340).
How to invest in Boeing stock
The most obvious way to invest in Boeing stock is to purchase the company's shares from the relevant stock exchange. However, this method is usually practical for long term investments as it involves certain costs and you actually own a portion of the company when you buy shares.
Another method to trade Boeing shares is through the purchase of derivative instruments. But options and futures may come with higher costs or may require delivery of the underlying assets.
Nowadays, traders have the possibility to trade the tokenised assets available on the Dzengi.com platform. The tokenisation enables traders to benefit from price movements of a reference asset without the need to own the asset or enter into complex trading agreements. The tokenised assets are developed using a blockchain technology which eliminates the need for third parties to be included in the transactions.
Cryptocurrencies such as Bitcoin or Ethereum can be used on Dzengi.com platforms to trade tokenised Boeing shares or any other tokenised assets without the need to exchange them. The ability to buy and sell tokenised assets directly with crypto means that the time and costs associated with conversion are eliminated.
Tokenised shares can be bought or sold using leverage provided by Dzengi.com. You may have the chance to trade tokenised assets with a leverage of up to 1:100 depending on the reference assets. Tokenised Boeing shares have a margin of 5 per cent which means that you need to have only a fraction of the available capital for your position. For instance, a position of $20,000 (£15,290) can be opened with only 5 per cent or $1,000 (£765) of available capital. It means there is no need for a trader to have a sufficient amount of money available to open a trading position that can potentially make significant profits.
Tokenised Boeing stock trading guide
Trading tokenised Boeing stock is no more difficult than regular shares. To begin trading tokenised assets, you will need to follow some simple steps:
- Step 1: Register for an account with Dzengi.com.
- Step 2: Deposit funds (with crypto or fiat) in the account.
- Step 3: Determine the position size desired, accounting for leverage offered by Dzengi.com.
- Step 4: Determine your trading position (long or short) based on expected share price movement and purchase tokenised BA shares derivatives.
- Step 5: Dzengi.com matches the long orders from its clients with the sell orders and then hedges the unmatched orders through Capital.com, LMAX Digital or exchanges such as Binance, Bitstamp, Kraken, NASDAQ, NYSE and Gain Capital.
- Step 6: Close your position when applicable. You can set a take profit or stop loss indicator to ensure you are not required to constantly monitor the price. Funds will deposit back to your account after closing and you can withdraw or take a new position.
Why trade tokenised Boeing shares with Dzengi.com
Boeing stock trading at the Dzengi.com tokenised assets exchange has a number of advantages. Tokenised assets are underpinned by robust and immutable blockchain technology. Opening a trade will give you a token that tracks and moves according to the underlying instrument’s price.
- One-stop crypto trading platform
Trade tokenised Boeing shares with Bitcoin or Ethereum. Benefit from the stock’s price movements without turning your crypto assets into fiat.
- Tight spreads
Trade tokenised BA stocks with a tight market spread, benefit from maker rebates and competitive taker fees.
Experienced traders can trade the world’s top markets, like Boeing, with up to 1:100 leverage.
- Effective risk management
Manage your risks and secure your profits with stop loss and take profit orders. Save your assets with negative balance protection.
- Instant order execution
We have a scalable and low latency order management system, which can execute 50 million trades per second.
- Safe regulation
Dzengi.com operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.