TradeUP Securities: Empowering Retail Investors With Innovative Technology And Decades Of Experience

Published

2 years ago

April 10, 2023

admin

There are currently over 410,000 brokerage firms in America offering a range of financial services. However, as more and more ordinary citizens start trading, the brokerage firms that succeed will likely be the ones that empower retail investors by offering cutting-edge access to the market.

Around $362 billion in daily volume is traded on exchanges in the United States, 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 is expected to increase to 61% by 2030. However, as the number of retail investors increases, there is an ever-growing need to establish the proper infrastructure to support them. The World Economic Forum (WEF) has called for the financial sector to better hear the voice of these everyday investors. The WEF called for more robust technology, including trading platforms that are better able to facilitate retail customer access to markets.

Stock brokers can help retail customers with everything that is involved with the mechanics of executing a trade. Technological developments have given stock brokers even more capabilities. These include the use of online apps to facilitate trading, as well as real-time market monitoring and faster transaction times. Apps that facilitate trading saw their best year yet in 2021, generating $22.8 billion in revenue and having a record 130 million users.Building New Solutions With Decades Of Industry Experience?

TradeUP Securities, Inc. looks to be an innovative brokerage company that provides support for the retail community. It has over thirty years of experience brokering market deals and empowering retail investors to build their global portfolios. It achieves this through its financial services, as well as its online trading platform and mobile app, TradeUP.

The firm provides its proprietary TradeUP platform to investors so they can trade anytime, anywhere. TradeUP maximizes trading flexibility as it is available through the web as well as through the TradeUP app for mobile and desktop. The platform includes multiple customized services such as in-depth charting and analysis, a suite of indicator and drawing tools, and a rapid order entry feature. The platform also allows extended trading from 4 AM to 8 PM EST.

As a broker-dealer firm that has been operating in the market for decades, TradeUP Securities has reportedly capitalized on numerous advancements in technology. It goes beyond the services of a traditional brokerage firm and offers innovative services for retail investors to stay on top of a constantly shifting market. The firm has lowered the barrier to entry for retail investors by offering commission-free trading for equities, exchange-traded funds (ETFs) and options. It also has a flat annual margin interest rate of 1.99%, which TradeUP says is the lowest rate among all $0 commission brokers.

The firm is affiliated with US Tiger Securities Inc., a leading equity underwriter. Along with US Tiger Securities, TradeUP Securities is able to provide a primary-access service to the markets, allowing exclusive subscriptions to initial public offerings (IPOs) and special purpose acquisition companies (SPACs).

TradeUP is a self-clearing firm, with around $4.5 billion in assets under management (AUM). Its self-clearing capabilities cut out any intermediary clearing houses, allowing TradeUP to provide full settlement and stock lending services, all in-house.

TradeUP provides its integrated brokerage services as a member of the New York Stock Exchange (NYSE), the Options Clearing Corporation (OCC) and the Depository Trust and Clearing Corporation (DTCC). TradeUP is regulated by both the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA). Retails customer assets are protected by the Securities Investor Protection Corporation (SIPC), of which TradeUP is a member firm.

Through its suite of in-house services and with a platform powered by cutting-edge technology, TradeUP is able to offer its innovative approach to traditional investing that serves new and seasoned investors alike.

Want to learn more about TradeUP Securities, Inc.? Visit its website at tradeup.com.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

Featured photo by TradeUP

Sports

Ted Williams’ 1946 MVP award sells for over $500K

Published

3 hours ago

November 17, 2024

admin

Ted Williams' 1946 MVP award sells for over 0K

Associated Press

Nov 17, 2024, 06:55 PM ET

A rare souvenir postcard picturing Hank Aaron as a rookie with the Indianapolis Clowns of the Negro Leagues sold for nearly $200,000 at a baseball memorabilia auction that also included Ted Williams’ 1946 AL MVP award, which went for $528,750.

The Aaron postcard from the scrapbook of scout Ed Scott, who discovered Aaron, went for $199,750 following a bidding war that soared past the pre-sale estimate of $5,000-$10,000, Hunt Auctions said.

The auction included 280 items from Williams’ personal collection that had been held by his daughter, Claudia, who died last year. Among the other items were a silver bat awarded for his 1958 batting title, which sold for more than $270,000, and the Presidential Medal of Freedom presented to him by fellow naval aviator George H.W. Bush, which went for $141,000.

The sale also included items from the collection of Rutherford Hayes Jones, the business manager of the Washington Giants, one of the earliest Black baseball teams. The trove was discovered in 2001 in a suitcase, where it had been unseen for 40 years.

A first batch of items from Claudia Williams’ collection went up for auction in 2012 at Fenway Park and garnered more than $5 million.

World

It’s a stunning shift in US policy – but Biden’s announcement will trigger fury and fresh threats from Moscow

Published

5 hours ago

November 17, 2024

admin

It's a stunning shift in US policy - but Biden's announcement will trigger fury and fresh threats from Moscow

Joe Biden’s belated decision to allow Ukraine to use US-supplied, long-range missiles inside Russia will be cheered by Kyiv and will almost certainly prompt the UK to follow suit.

But the stunning shift in US policy – just weeks before Donald Trump takes over as US president – will also trigger fury and fresh threats from Moscow at a time of increasing uncertainty about the future course of its war.

President Vladimir Putin has warned the West they would be playing with fire if they allowed Ukrainian forces to launch Western-supplied cruise and ballistic missiles at Russia, saying it could even trigger a global conflict.

British and US officials, though, have repeatedly advised their respective capitals not to be intimidated by Moscow’s sabre rattling.

Ukraine war latest: Biden lifts ban on Russia strikes

Yet there has been hesitancy, particularly in Washington, over the unleashing of US Army Tactical Missile System (ATACMS) ballistic missiles beyond the borders of Ukraine.

However, it seems that a move by North Korea to send thousands of its troops to fight with Russia has changed US calculations.

The New York Times, which was among the US media organisations to break news of the Biden administration’s decision on long-range missiles, reported that the first time the American weapons will be used inside Russia will likely be against Russian and North Korean troops battling a Ukrainian incursion in the Russian region of Kursk.

While a significant step up in support for Ukraine, the ability to use American long-range missiles inside Russia is not a war-winning development.

But it does expand Kyiv’s capacity to hit important military targets deliberately positioned by Russian commanders far back from the frontline. This includes stockpiles of missiles, drones and other ammunition used to strike Ukraine.

Just as important as the military impact, though, is the political signal that the US decision sends to the Kremlin about Washington’s willingness to defy Russian warnings about dire consequences should Mr Biden dare to grant Ukraine the permission it’s so long been seeking.

The dramatic move by the United States comes after months of lobbying by Ukraine’s leader, Volodymyr Zelenskyy.

A key thing to watch now will be how Mr Putin reacts the first time an American missile kills Russian soldiers on Russian soil.

Moscow does not want a direct war with the United States and NATO – nuclear-armed forces with far greater combined firepower – but the Kremlin could well ramp up an already heightened campaign of sabotage and other forms of hybrid warfare across Europe.

Another important reaction to track will be how Mr Trump responds to Mr Biden’s move and whether he continues to allow Ukraine this permission once he takes over as the US commander-in-chief.

The president-elect has vowed to end Russia’s war in Ukraine quickly but he has not said how. Yet he has voiced fierce opposition to the continued gifting of vast quantities of American weapons to the Ukrainian military.