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.
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