Brokerage news and trends

DriveWealth Appoints New Product and Engineering Team Leaders
Personnel // April 18, 2022

Brokerage firm DriveWealth LLC on Monday (April 18) appointed Gayathri Rajan as chief product officer (CPO) and Harshal Deo as chief technology officer (CTO) to lead the company’s product and engineering teams, according to a company press release. Get the Full Story Complete the form...

Morgan Stanley To Acquire E-Trade For $13B
Acquiring // February 20, 2020

In a consolidation move for the brokerage space, investment bank Morgan Stanley has announced it will acquire electronic trading platform E-Trade for $13 billion, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Robinhood Tops 10M Subscribers
Investments // December 04, 2019

Silicon Valley startup Robinhood has signed over 10 million subscribers to its free stock-trading service, the company said in a blog post on Wednesday (Dec. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Keeping App-Based Brokerages Secure
AML // May 20, 2019

Millennials aren’t investing as much as older generations — but engaging with them on their smartphones, which they’re always on, could change that. Providing that mobile experience, however, requires navigating a strict KYC and security minefield, says StockTwits CEO Ian Rosen. In this month’s AML/KYC...

Quick Reads
Robinhood Offering Gold Members Up to 3% Interest on Brokerage Cash 

September 26, 2022
Online broker Robinhood is upping the interest rate it pays to Gold members on uninvested cash held in brokerage accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

DriveWealth Appoints New Product and Engineering Team Leaders

April 18, 2022
Brokerage firm DriveWealth LLC on Monday (April 18) appointed Gayathri Rajan as chief product officer (CPO) and Harshal Deo as chief technology officer (CTO) to lead the company’s product and...

Morgan Stanley To Acquire E-Trade For $13B

February 20, 2020
In a consolidation move for the brokerage space, investment bank Morgan Stanley has announced it will acquire electronic trading platform E-Trade for $13 billion, according to a report by CNBC....

Robinhood Tops 10M Subscribers

December 04, 2019
Silicon Valley startup Robinhood has signed over 10 million subscribers to its free stock-trading service, the company said in a blog post on Wednesday (Dec. 4). Get the Full Story...