AOL Web Search

Apex is an open system. A platform built on the simple premise that custody is meant to serve. Not control. So we designed the Apex platform to facilitate the relationship between you and your customer – not dictate it. We don’t force pre-packaged solutions or off-the-shelf solves.

All three platforms employ Apex to clear trades made by users via their platform. In an interview with Webull CEO Anthony Denier, Yahoo Finance confirmed that the restriction was not something...

This means that your cash balance will be held by Webull that is protected under client-protection regulations and safeguarded under the SEC’s customer protection rule. Your securities will continue to be held by Apex, and your trades will continue to be cleared through Apex.

How to open a brokerage account and get free stocks, Open and fund your account to receive free stock - Webull Join Webull Today and get up to 12 free fractional shares Get started $3-$3000 Why trade with Webull? Zero commissions Invest in stocks, and ETFs, all commission-free, with no deposit minimum.

Webull is a Chinese fintech firm with offices in New York. It is a trading platform created by Fumi Technology, a China-based fintech founded in 2016 by Wang Anquan. Webull launched its trading app in 2017, successfully competing with the market leader, Robinhood.

As the clearing firm, Apex is subject to regulation by the SEC and FINRA that may ultimately mandate any restrictions placed on certain securities. At SoFi, we are always looking to put our member's interests first and will do our best to ensure those interests are met while abiding by the regulators. Facebook Twitter LinkedIn

oX and Etrade were self-clearing, but not out the box - but there was no APEX relationship back then in the US. Penson the predecessor cleared oX Canada at one point. oX has been Schwab for a while so that leaves me to believe TradeKing, not certain where their successor clears #6 Nov 2, 2019 Share jys78 and tommcginnis like this.

Apex Clearing Corp will begin holding customer collateral in a collateral account at J.P. Morgan Chase & Co. Wilmington Trust will be the trustee for the account and charged with verifying collateral amounts posted to meet Apex obligations.