DriveWealth buys broker dealer to bring retail investing tech to Nyse floor
DriveWealth is set to bring its API-based brokerage technology for retail investors to the floor of the Nyse thanks to a deal to buy institutional broker dealer Cuttone and Company. Financial terms were not disclosed.
DriveWealth's technology enables banks and fintechs to provide retail investors with real-time access to the US equities market for the conduct of fractional share trading.
Read more...