Collaborating with Apex Clearing to Empower the World to Invest from Anywhere, on Any Device
New York & Denver, June 9, 2015: New York fintech start-up Third Party Trade Group Inc. (“TPT”) today announced the launch of a new low-cost, white-labeled, API-driven US brokerage service to empower the world to invest, from anywhere, on any device. TPT is launching the service in collaboration with Apex Clearing Corporation (“Apex”), a leading technology-enabled clearing and execution firm.
Starting with Australia, the service, provided by SEC registered FINRA and SIPC member broker-dealer Third Party Trade LLC, will be made available on a wholesale basis to ASX market participants, AFSL holders and authorized representatives, providing a new and exciting opportunity for Australian self-directed investors to invest in the companies that create products they care about and use everyday.
TPT customers will have the ability to easily and securely integrate with its REST-based
API platform, supported by Apex’s innovative clearing and execution platform, to provide the full suite of services through their existing client portal in real-time, including account creation, funding, order management, market data and alerts.
Commenting on the launch, TPT Founder & CEO Michael Giles, an Australian living in
New York, said, “Many of the products and services Australians interact with everyday are created by companies that are not listed in Australia and therefore not available as an investment opportunity for the average self-directed investor. Investors deserve the opportunity to gain exposure to these high growth companies in a low-cost, easy to use and fully integrated platform which TPT provides.”
Giles further commented, “We built our technology to cater to every kind of product concept, pricing model and delivery method. The possibilities are endless.”
Danny Rosenthal, CEO of Apex added, “We look forward to working with Michael and his team as we bring our unique clearing and execution technology to help TPT seamlessly operate their business and put more control in the hands of their customers. We believe they have the right concept at the right time and hope they will be very successful.”
Australian financial services providers are encouraged to contact the company to discuss creating a custom solution and introduce new revenue opportunities to their existing business.
About Apex Clearing
Apex Clearing Corporation is an innovator in clearing, custody, execution, and technology. We specialize in supporting a variety of financial institutions including broker-dealers, proprietary trading firms, retail brokerages, and financial technology startups. Our clearing and technology services power the most cutting-edge financial firms in the industry, and our innovative approach to back office solutions enables businesses to grow and succeed. Apex prides itself on thinking differently and tirelessly working towards the further evolution of financial services and what they can do for our clients. Apex Clearing Corporation is registered with the SEC, a member of FINRA, and a participant in SIPC.
About Third Party Trade
Third Party Trade provides the core features of an online brokerage through a RESTbased
API platform. We’re a new kind of online broker aiming to empower the world to invest, from anywhere, on any device. Our mission is starting in Australia. Third Party Trade LLC is a subsidiary of Third Party Trade Group Inc., and an SEC registered FINRA and SIPC member broker-dealer.
Michael H. Giles, Founder & CEO
Third Party Trade Group Inc.
“Third Party Trade”, “New kind of online broker” and “Empowering the world to invest, from anywhere, on any device” are trade marks of Third Party Trade Group Inc.