• Artivest’s open-architecture digital platform will help provide Wellington Management’s financial advisors and qualified HNW investors 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 U.S. stock.
• Robinhood withdrew its bank charter application with the U.S Office of the Comptroller of the Currency.
Wellington Management, a $1.1 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.
eToro has launched a new global investment portfolio focused on foodtech, a sector which is on track to be worth $700 billion by 2030.
Interactive Brokers Group Inc. announced it is offering investors the ability to buy and sell fractional shares of almost any U.S. 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.