Digital trading technology firm DriveWealth, LLC has just informed that it has partnered with Avenue Securities.
Avenue Securities is a Miami based digital brokerage founded earlier this year by Brazilian entrepreneur Roberto Lee. The company provides easy access to mostly Brazilian retail investors interested in securities traded on U.S. exchanges.
DriveWealth CEO Robert Cortright commented:
We are proud to work with Roberto Lee and Avenue Securities. Supporting this type of product, which will make U.S. stocks and ETFs available to Brazilian investors of any size, is at the heart of the mission of our company. Given Roberto’s impressive record of innovation and success in Brazil, we are confident that this partnership will have a major impact in that market.
Lee, founder and CEO of Avenue Securities, said:
Our mission is to bring U.S. equities – the world’s largest stock market – to Brazilian investors, regardless of size, and eliminate the bureaucracy that traditionally has hampered access to this market. DriveWealth’s real-time fractional share trading capability will allow our customers to own stock in the brands they know and use every day.