TIGR - TradeUP Securities: Empowering Retail Investors with Innovative Technology and Decades of Experience
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By David Willey, Benzinga
There are currently over 410,000brokerage firms in America offering a range of financial services.However, as more and more ordinary citizens start trading, thebrokerage firms that succeed will likely be the ones that empowerretail investors by offering cutting-edge access to the market.
Around $362billion in daily volume is traded on exchanges in the UnitedStates, with 58%of adults holding investments in the stock market.
Retail investors held 52%of all assets under management (AUM) in 2021 ; a number that isexpected to increase to 61% by 2030. However, as the number of retailinvestors increases, there is an ever-growing need to establish theproper infrastructure to support them. The World Economic Forum (WEF)has called for the financial sector to better hear the voice of theseeveryday investors. The WEF called for more robust technology,including trading platforms that are better able to facilitate retailcustomer access to markets.
Stockbrokers can help retail customers with everything that is involvedwith the mechanics of executing a trade. Technological developmentshave given stock brokers even more capabilities. These include the useof online apps to facilitate trading , as well as real-time marketmonitoring and faster transaction times. Apps that facilitate tradingsaw their bestyear yet in 2021 , generating $22.8 billion in revenue and having arecord 130 million users.
Building New Solutions With DecadesOf Industry Experience?
TradeUP Securities, Inc. looks to be an innovativebrokerage company that provides support for the retail community. Ithas over thirty years of experience brokering market deals andempowering retail investors to build their global portfolios. Itachieves this through its financial services, as well as its onlinetrading platform and mobile app, “TradeUP”.
The firm provides itsproprietary TradeUP platform to investors so they can trade anytime,anywhere. TradeUP maximizes trading flexibility as it is availablethrough the web as well as through the TradeUP app for mobile anddesktop. The platform includes multiple customized services such asin-depth charting and analysis, a suite of indicator and drawingtools, and a rapid order entry feature. The platform also allowsextended trading from 4 AM to 8 PM EST.
As a broker-dealer firm that has beenoperating in the market for decades, TradeUP Securities has reportedlycapitalized on numerous advancements in technology. It goes beyond theservices of a traditional brokerage firm and offers innovativeservices for retail investors to stay on top of a constantly shiftingmarket. The firm has lowered the barrier to entry for retail investorsby offering commission-free trading for equities, exchange-tradedfunds (ETFs) and options. It also has a flat annual margin interestrate of 1.99%, which TradeUP says is the lowest rate among all $0commission brokers.
The firm is affiliated with US Tiger Securities Inc., a leadingequity underwriter. Along with US Tiger Securities, TradeUP Securitiesis able to provide a primary-access service to the markets, allowingexclusive subscriptions to initial public offerings (IPOs) and specialpurpose acquisition companies (SPACs).
TradeUP is a self-clearing firm, with around$4.5 billion in assets under management (AUM). Its self-clearingcapabilities cut out any intermediary clearing houses, allowingTradeUP to provide full settlement and stock lending services, allin-house.
TradeUPprovides its integrated brokerage services as a member of the New YorkStock Exchange (NYSE), the Options Clearing Corporation (OCC) and theDepository Trust and Clearing Corporation (DTCC). TradeUP is regulatedby both the Securities and Exchange Commission (SEC) and is a memberof the Financial Industry Regulatory Authority (FINRA). Retailscustomer assets are protected by the Securities Investor ProtectionCorporation (SIPC), of which TradeUP is a member firm.
Through its suite ofin-house services and with a platform powered by cutting-edgetechnology, TradeUP is able to offer its innovative approach totraditional investing that serves new and seasoned investorsalike.
Want tolearn more about TradeUP Securities, Inc.? Visit its website at tradeup.com.
This article was originallypublished on Benzinga here .
TradeUPis a feature-rich mobile trading application designed for investors toaccess equity markets and build global investment portfolios. Byleveraging our innovative technology, users may seize investmentopportunities anytime, anywhere.Brokerage services in TradeUP areoffered byTradeUP Securities, Inc. which is a broker-dealer registeredwith the SEC and member of FINRA and SIPC. You may check thebackground of TradeUP Securities, Inc. FINRA'sBrokerCheck
This post contains sponsored advertisingcontent. This content is for informational purposes only and is notintended to be investing advice
Nothing contained in thismaterial is, or should be construed as, an offer, a solicitation of anoffer, or an invitation for the purchase or sale of securities,futures, or other investment products.All investments involve risk,including possible loss of principal. Past performance of a security,market, or financial product does not guarantee future results.Electronic trading poses unique risks to investors. System responseand access times may vary due to market conditions, systemperformance, and other factors. Market volatility, volume, and systemavailability may delay account access and trade executions.$0.00commission applies to online U.S. equity trades and exchange-tradedfunds (ETFs) in a TradeUP retail account only for TradeUP Securities,Inc. retail clients. Sell orders are subject to an activity assessmentfee. Other exclusions and conditions may apply. Seehttps://www.tradeup.com/pricing/commissions-us for details.Institutional accounts, OTC securities trading and other types ofhigh-touch services are subject to different commission schedules.Musthave a margin account with over $2000 total account equity to qualifyfor margin rate. Margin may not be suitable for all investors due tothe risks associated with using leverage. Please review the MarginDisclosure Statement on tradeup.com to determine whether a marginaccount aligns with your investment objectives and risktolerance.TradeUP Securities, Inc. is a registered brokerage firm atSEC (CRD: 18483; SEC: 8-36754), a member of FINRA/SIPC and a member ofDTC/NSCC, regulated by the US Securities and Exchange Commission andFinancial Industry Regulatory Authority. For further information,please refer to FINRA BrokerCheck and SIPC insurance coverage.At itsdiscretion, TradeUP Securities reserve the right to adjust the programparameters. TradeUP Securities reserves the right to explain theactivity terms and conditions. Some clients may not be qualified.TradeUP Securities reserves the right to terminate the program at anytime without notice. Other restrictions may apply and will be postedon the TradeUP application or website prior to effectiveness.TradeUPSecurities reserve the right to recall gifted shares, sales proceedsfrom those gifted shares or rewards that were obtained due to atechnical glitch, hacking incident, false trading/funding activities,or other fraudulent activities.
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