Wedbush Securities News Update on Market Developments

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Credit: pexels.com, Professional stock market analyst monitoring data on multiple screens at a workstation.

Wedbush Securities has been a leading provider of market research and analysis for over 40 years, with a team of experienced analysts who provide timely and accurate insights on market trends.

Their analysts have been bullish on the tech sector, predicting a 15% increase in the NASDAQ composite index over the next quarter.

According to their research, the growth of the tech sector is driven by the increasing adoption of cloud computing and artificial intelligence.

Wedbush Securities has also been monitoring the impact of the ongoing trade tensions between the US and China on the global economy.

Industry News

Wedbush Securities has been making waves in the financial industry with their latest news. They have been recognized as a top broker for options trading, with a 90% customer satisfaction rating.

Their research team has been actively involved in providing market insights, with a notable call on the tech sector that saw a 20% increase in stock prices. This demonstrates their ability to stay ahead of the curve and provide valuable information to their clients.

Wedbush Securities has also been expanding its services, with a new platform launch that allows for more efficient trading and portfolio management.

Nodal Clear Announces New Member

Businessman working with financial documents at office desk, highlighting details.
Credit: pexels.com, Businessman working with financial documents at office desk, highlighting details.

Wedbush Securities Inc. has been approved as a clearing member of Nodal Clear, LLC, the clearing house for Nodal Exchange.

Nodal Clear is pleased to welcome Wedbush Securities as a clearing member, according to Paul Cusenza, Chairman & CEO of Nodal Clear.

Wedbush Securities is one of the nation's leading independent financial services providers, known for its innovative approach to the financial industry.

Access to SPIKES Products Based on SPIKES Volatility Index

Wedbush Futures clients can now access SPIKES products based on the SPIKES Volatility Index (SPIKE).

The SPIKES Volatility Index is a measure of the expected 30-day volatility in the SPDR S&P 500 ETF (SPY).

Bob Fitzsimmons, EVP at Wedbush Futures, met with Tom Jarck, Volatility Products Specialist at MIAX, to discuss the SPIKES Volatility Index and how investors can leverage SPIKES Futures (SPK) and SPIKES Options (SPIKE) products traded on the index.

SPIKES Futures (SPK) and SPIKES Options (SPIKE) products allow investors to tap into the volatility of the SPDR S&P 500 ETF.

Investors can use these products to gain exposure to the expected 30-day volatility in the SPDR S&P 500 ETF.

These products are traded on the SPIKES Volatility Index, which measures the expected 30-day volatility in the SPDR S&P 500 ETF.

Futures Joins the Small Exchange

Credit: youtube.com, Small US Crude Oil futures are Here! Learn more with the Small Exchange and Edge Clear.

The Small Exchange welcomed a new member in 2020 - Wedbush Futures, one of the largest non-bank Futures Commission Merchants (FCMs) in the US.

Wedbush Futures joined The Small Exchange on June 1, 2020, marking a significant milestone for the exchange.

The Small Exchange is a Futures exchange offering smaller, standardized products created for all market participants.

Wedbush Futures brought its clearing solutions to the table, giving clients access to key benefits.

The Small Exchange was launched in 2020, offering a new platform for market participants.

Regulatory Updates

Wedbush Securities has seen significant changes in regulatory requirements in recent years.

The Securities and Exchange Commission (SEC) has implemented new rules to enhance investor protection, including the requirement for broker-dealers to provide clear and concise disclosures about their services and fees.

These changes aim to promote transparency and fairness in the financial industry, ensuring that investors have access to accurate and timely information to make informed decisions.

MexDer Products Available to Futures Clients

Credit: youtube.com, CEO Jorge Alegria on the Growth Potential for MexDer

Wedbush Futures clients can now access MexDer products, a Mexican Derivatives Exchange powered by CMA Markets.

MexDer offers various products, which were discussed by Wedbush's EVP, Bob Fitzsimmons, with Jose Miguel De Dios, CEO of MexDer, and Raphel Juan, CIO of CMA Markets.

These products are now available to Wedbush Futures clients through CMA Markets.

The partnership allows clients to access a new range of investment opportunities, expanding their trading options.

Fined for Unapproved Communication

Wedbush was fined for widespread use of unapproved communication channels, including personal text messages, from 2018 onwards.

The CFTC's strict recordkeeping mandates were not followed, and Wedbush failed to keep or archive thousands of these communications. Some of these communications were directly related to its commodities business.

This lapse contravenes the CFTC's recordkeeping and supervision guidelines. The company would have been hard-pressed to present these communications promptly if asked by a CFTC representative.

As the CFTC Director of Enforcement, Ian McGinley, commented, "all CFTC registrants must comply with their fundamental recordkeeping obligations." The CFTC will continue to pursue all registrants who fail to comply with these core obligations.

Wedbush agreed to pay a fine of $10 million, in addition to the CFTC fine, for similar recordkeeping and supervision infringements.

Treasuries Value Falls Amid Global Uncertainty

Credit: youtube.com, Analyzing futures, treasuries and oil prices amid heightened trading volatility: Market technician

The value of treasuries is falling due to struggling international economies and current political uncertainty.

Arthur Bass, Managing Director of Fixed Income Financing, suggests that investors consider purchasing short-term treasuries.

Investors may want to take a closer look at the treasuries market, especially with global uncertainty on the rise.

Based on Bass's recommendation, short-term treasuries could be a viable option for those looking to diversify their portfolios.

Struggling international economies and political uncertainty are having a significant impact on the treasuries market, making it an uncertain time for investors.

Investors should consider the advice of experts like Bass and explore alternative options, such as short-term treasuries, to manage their investments.

Frequently Asked Questions

How much is Wedbush Securities worth?

Wedbush Securities' current portfolio value is approximately $2.69 billion, based on their latest 13F filing. This valuation represents the total worth of their 1096 disclosed holdings.

Is Wedbush reliable?

Wedbush Securities has a high median rating accuracy of +57.17%, ranking it #32 out of 361 in Stock Target Advisor's database. This earns it a B+ grade, indicating a reliable performance in stock predictions.

Rosalie O'Reilly

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Rosalie O'Reilly is a skilled writer with a passion for crafting informative and engaging content. She has honed her expertise in a range of article categories, including Financial Performance Metrics, where she has established herself as a knowledgeable and reliable source. Rosalie's writing style is characterized by clarity, precision, and a deep understanding of complex topics.

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