Wedbush Securities Inc.
10/21/2024 | Press release | Distributed by Public on 10/21/2024 06:31
Wedbush Securities Launches Enhanced Connectivity and Functionality for Clearing Clients
Los Angeles, CA - October 21, 2024 - Wedbush Securities, a diversified financial services provider, is excited to announce the release of a new suite of highly functional APIs (application programming interfaces) that provide enhanced integration for its clearing clients. These APIs enable clearing clients to easily connect with Wedbush, allowing them to streamline key processes, from onboarding new customers to managing accounts efficiently.
The new APIs offer Wedbush clearing clients the ability to:
- Seamlessly create brokerage accounts for new users
- Quickly fund accounts
- Access key utility functions such as account balance, positions, and buying power
- Support and clear 24-hour trading
- Utilize cloud-based FIX engines for enhanced performance
Executive Vice President and Chief Operating Officer, Rodrigo Parrode emphasizes the importance of connectivity in modern financial systems, saying, "For a modern clearing system, connectivity is key. Our current suite of APIs ensures that our clearing clients can easily integrate with Wedbush to provide a seamless customer experience for their own clients."
"Wedbush is making significant investments in technology to allow our clients a more seamless experience. We are focused on enabling our clients to access our clearing capabilities in the way that works best for them," added Executive Vice President and Co-Head of Multi-Asset Prime Services, Rob Paset.
These APIs are live and fully operational, with Wedbush clearing clients currently utilizing them to open and fund customer accounts in a matter of minutes.
Wedbush is a leader in custody, clearing, execution, and settlement. Wedbush possesses extensive industry experience and offers sophisticated, cloud-based technology that enables broker/dealers, advisors, traders, and fintech firms to automate processes, reduce costs, and drive growth. Our suite of cloud-based APIs and real-time solutions ensures seamless integration and a frictionless experience for end users.
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About Wedbush Securities
Wedbush Securities is the largest subsidiary of Wedbush Financial Services. Since its founding in 1955, Wedbush is widely known for providing our clients, both private and institutional, with a wide range of securities brokerage, clearing, 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. Securities and Investment Advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA/ SIPC
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