Artivest’s open-architecture digital platform will help provide Wellington Management’s financial advisors and qualified HNWI access to its alternative strategies. eToro has launched a new global investment portfolio focused on foodtech. Interactive Brokers Group’s investors can now buy and sell fractional shares of almost any US stock. Robinhood withdraws its bank charter application with the U.S Office of the Comptroller of the Currency.
Wellington Management, a USD1.1 trillion global asset manager, has chosen Artivest’s open-architecture digital platform to help provide financial advisors and qualified high-net-worth investors access to its alternative strategies.
Find details here.
eToro has launched a new global investment portfolio focused on foodtech, a sector which is on track to be worth USD700 billion by 2030.
Find details here.
Interactive Brokers Group, Inc. announced it is offering investors the ability to buy and sell fractional shares of almost any US stock.
Along with the fractional shares feature, Interactive Brokers recently created cash quantity stock orders, which let clients place orders in a specific dollar amount instead of specifying the number of shares. For an account trading in fractions, if the dollar amount does not line up exactly with a whole number of shares, fractional shares will automatically be bought or sold.
Find details here.
Stock-trading startup Robinhood said on Wednesday it was withdrawing its bank charter application with the U.S Office of the Comptroller of the Currency.
The Menlo Park, California-based firm is one of the several companies that aim to compete with traditional financial institutions by offering cheaper and more user-friendly digital services.
Find details here.
