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Brokerage Industry Update

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The Brokerage Market is discovering choices to settlement for order flow

As SEC chair Gary Gensler takes aim 

Photo Credit:- Daxue consulting

“It creates more competition, which will translate into better prices, The big winner is the retail investor.”

Bill Capuzzi, CEO of Apex, told [CNBC News]

Photo Credit:- Apex Fintech Solutions

The cleaning firm powering SoFi, Webull and various other fintechs has actually been silently constructing a market for matching customer orders.

Apex Clearing 

Photo Credit:- Apex Clearing

Payments Broker Agents get for Routing Client Trades to a Market maker, such as Citadel Securities.

Payment for order flow, or PFOF

Photo Credit:- NDTV

Marketplace is "constructed as well as all set to go," it has yet to introduce and also might need SEC approval.

Bill Capuzzi, CEO of Apex, Said[CNBC News] 

Photo Credit:- Apex Fintech Solutions

“Now that the outline was presented by Gensler, there could be innovation in front of it that could get him to where he wants to be without any formal rulemaking,”

Rich Repetto, Piper Sandler, Told[CNBC News]

Photo Credit:- CNBC

it's much better execution on both the deal side, so more money in their pocket

Bill Capuzzi, CEO of Apex, Said[CNBC News] 

Photo Credit:- Apex Fintech Solutions