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Podcast: Wharton FinTech Podcast
Episode: Fractional Trading 101 with Apex Chief Product Officer Dustin Kirkland
Description: What happens after you hit “buy” on that $300 order of Shopify stock (worth over $1,100 as of the day of the episode)?
Fractional trading has become one of the hottest product features in Fintech, democratizing access to expensive shares (AMZN, BRK-A, CMG, etc.) to everyday investors. In addition, they allow more precise and comfortable investing and budgeting, as people can designate a notional dollar amount toward a purchase.
But how exactly do you buy .3 of a share? Enter Apex Clearing, a PEAK6 company, one of the most innovative and digital-first clearing and custody platforms in the world. Apex powers the fractional capa...