Wedbush Financial Services Acquires Significant Stake In Velocity Trade
10/12/22, 1:10 PM
Location
los angelesIndustry
financial services
financial services
banking
finance
Wedbush Financial Services, the parent company of Wedbush Securities Inc, is making a significant investment in Velocity Trade, making it the largest outside shareholder (subject to regulatory approval). Velocity Trade is a global brokerage firm offering access to global OTC and exchange listed markets, as well as customized Wealth Management solutions via its WealthTech product suite. This investment expands Wedbush’s global presence in new asset classes and commodities trading, enhancing its robust suite of client offerings, to become one of the world’s leading non-bank global multi-asset financial services providers.
Company Info
Location
Los Angeles, California, United States
Company info
Since our founding in 1955, Wedbush has been a leader in the financial services industry, providing our clients, both private and institutional, with a wide range of securities brokerage, wealth management, and investment banking services; Headquartered in Los Angeles, California with 100 registered offices and nearly 900 colleagues, the firm focuses on client service and financial safety, innovation, and the utilization of advanced technology.