trade.io Enters MOU to Buy a US Regulated Broker Dealer
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trade.io Enters MOU to Buy a US Regulated Broker Dealer
Zug Switzerland trade.io has entered into a memorandum of understanding to negotiate the terms for the acquisition of a New York City based broker/dealer.
The acquisition of the broker dealer, which currently holds the SEC registration and FINRA membership, will be subject to regulatory approval by the U.S. regulators and other customary terms.
The step marks an important step in the buildup of trade.io’s international presence and paves the way for the company to tap business lines of the acquired broker dealer to operate its contemplated U.S. oriented investment banking services in a regulatory compliant manner.
With this important initiative, trade.io demonstrates ... (read more)
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