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The changes could be painful for companies that will have to rush to catch up if such a model becomes the PFOF replacement. Apex Clearing Corporation, as it turns out, is already leading the charge. It is the company providing this idea to the government body. Apex clears trades for several sizable brokerages, including SoFi (NASDAQ: SOFI) and Webull. It’s one of the larger players in the retail trading market.

Apex Clearing. In addition, Apex Clearing, the clearing house Webull uses to fill orders, has an additional policy in place. In the rare event that Webull goes out of business and SIPC is fully exhausted, this supplemental policy would kick in. This is an aggregate policy that covers financial assets and cash up to a combined $150m.

Because Webull uses Apex Clearing, investors at Webull get to benefit from many useful services. Apex connects investors to a wide range of tradable assets like, equities (stocks), ETFs, options, and cryptocurrencies. Trade at Webull is always commission-free, and fractional shares provide easy access to some of the market’s most valued securities.

Apex Clearing Corporation ("Apex") is notifying you about an upcoming amendment to the Apex Fully Paid Securities Lending Program (the "Program") in which you are currently enrolled. Pursuant to guidance published by the Securities and Exchange Commission, Apex is changing the method by which it maintains collateral in the program.

$Avepoint Inc.Apex Clearing Corporation ("Apex") is notifying you about an upcoming amendment to the Apex Fully Paid Securities Lending Program (the "Program") in which you are currently enrolled. Pursuant to guidance published by the Securities and Exchange Commission, Apex is changing the method by which it maintains collateral in the program.

Here are some popular brokers using Apex Clearing house. Ally Invest Firstrade M1 Finance SoFi Invest Sogo Trade Stash Invest Stockpile Tastyworks Twine Webull Public Services Offered by Apex Clearing The popularity of Apex among introducing brokers is most likely due to the diverse services that the clearing firm offers.

After growing to near $100 billion in custody, Apex Clearing strikes 'IPO' deal to raise 'up to' $1 billion to disrupt existing RIA custody The Dallas turnaround project is now valued near $5...

Business Profile Apex Clearing Corporation Investment Management Contact Information 350 N Saint Paul St STE 1300 Dallas, TX 75201-4240 Get Directions Visit Website (214) 765-1540 Customer...