Today Stake announced it’s plans to partner with one of the large Australian broker-dealers that will let its users buy and sell all publicly traded stocks and ETFs on the ASX and Chi-X.
So what’s at Stake?
Stake is a low-cost equities broker with over 300k users, and will allow customers to trade ASX-listed equities and exchange traded funds (ETFs) putting pressure on incumbent brokers like CommSec by lowering fees to next to 0 and providing a slicker trading experience.
Stake is an Australian alternative to Robinhood – that provides millions of customers with cheap access to US equities.
#neweraofbrokerage #asx #disruptfinancialmarkets #nexttechrevolution #disruption #anewway
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