# Traders

All successful issuances result in an immediate and automated listing on RaiDEX. Traders are able to trade the associated [ZCB markets](/how-does-raiser-work.md#what-are-the-zcb-markets-on-raiser) for a successful issuance.&#x20;

Trading on RaiDEX will reflect the real-time credit worthiness of borrowers while providing liquidity to lenders, access to speculators and market-based pricing of interest rates.&#x20;

Traders will get the opportunity to speculate on the ZCBs as their real-time price will be subject to directional changes arising from factors like [time-to-maturity, interest rates and borrower's credit profile](/how-does-raiser-work.md#zcb-markets).&#x20;

{% hint style="info" %}
A [non-$RZR fee](/fees.md#non-usdrzr-fees) will be charged for trading on the RaiDEX.&#x20;
{% endhint %}


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