Freetrade, the UK challenger stockbroker, completes $15M Series A(techcrunch.com)
techcrunch.com
Freetrade, the UK challenger stockbroker, completes $15M Series A
https://techcrunch.com/2019/10/31/freetrade-series-a/
https://techcrunch.com/2019/10/31/freetrade-series-a/
Do companies like this fall into any of the same regulations that normal bank/financial institutions require? Is there a big fractional reserve held by these companies somewhere that needs to represent their client's uninvested money?
1 - https://robinhood.com/support/articles/360001226106/how-robi...