Investor cash is swept into a money market account at Federated Investors, Inc., a leading cash management firm. Investor securities are held in an omnibus account in DriveWealth’s name at the Industrial and Commercial Bank of China Financial Services (“ICBSFS”), the US subsidiary of the Industrial and Commercial Bank of China, the largest bank in the world in terms of customers and assets. We utilize the latest SSL technology to encrypt, monitor and protect your data. dollar fee (by DriveWealth, at no cost to customer) monthly in arrears. We’re compensated by DriveWealth on a per transaction basis, as a percent of the transaction commission that DriveWealth earns from the introduced customer, as long as the customer remains a customer of DriveWealth. for more than 5 years and enjoys all things Apple, accessories, and security. Yocto Enterprise acts as a foreign finder, who provides customer introduction to DriveWealth’s brokerage service. Android-using worldwide investors will want to take a look at JStock. ĭriveWealth is partnered with Industrial and Commercial Bank of China Financial Services (“ICBSFS”), the US subsidiary of the Industrial and Commercial Bank of China, the largest bank in the world, as its clearing agent. Explanatory brochure available upon request or at. Who is DriveWealth?ĭriveWealth, LLC is a SEC-registered broker/dealer and a member of FINRA and SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Your identity will be disclosed to DriveWealth, so that DriveWealth can enter into a broking agreement with you. It requires companies to bear extra production and storage costs.
We need to maintain the extra stock to ensure a consistent business flow and retain our customers. DriveWealth provides execution and clearing services to the customer. Safety stock is the extra stock maintained to avoid the risk of losing customers because of having insufficient inventory due to unforeseen circumstances. We have entered into a Foreign Finder Agreement with DriveWealth, LLC (DriveWealth). When you sign up using JStock Android or JStock Desktop, you agree to commence the application process for a: 002598402-W develops and distributes JStock Android and JStock Desktop, to provide users with the ability to purchase selected securities listed on United States stock exchanges, including fractional interests in those securities.
#Jstock safety registration#
Yocto Enterprise, business registration no.
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