NYSE Chief Operating Officer Leaves for Fintech Company bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) New York Stock Exchange Chief Operating Officer Michael Blaugrund is leaving to run fintech investing company DriveWealth LLC, according to people with knowledge of the matter.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AlliancePowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesPutin Met Wagner’s Prigozhin After Revolt That Shook RussiaJack Ma’s Clash With Beiji
OneDigital acquires third property-and-casualty business in past two months; Ubiquity and DriveWealth bring fractional share trading to small business 401(k)s; Merrill Lynch wealth manager and team joins First Republic; and more.
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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Robert Cortright, the chief of the fintech startup DriveWealth, described in an interview what he makes of the moment of meme stocks. DriveWealth This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
The CEO of DriveWealth, a fintech that powers apps like apps like Revolut, described what he makes of the frenzied retail trading moment.
Bob Cortright said the extraordinary activity is an outgrowth of years of opening up trading to the masses.