Fidelity will expand the range of services provided

10.04.2020 / Payment system news

The American holding company Fidelity will present its users more opportunities to work with financial assets. This decision was made after increased investor interest in the company’s proposals against the backdrop of the negative trend observed in traditional markets since March of this year.

According to The Block, the company includes the ErisX exchange, which is currently integrating its solutions into the platforms of such major market players as Wedbush Securities and TD Ameritrade. In addition, according to representatives of the publication, Fidelity recorded an increase in revenues from pension funds, hedge funds, as investors are looking for ways to protect their assets during a period of economic instability and transfer finances to “safe haven assets”.

“From the point of view of trade, we continue to attract new customers every month and observe a significant increase in sales,” the company said.

Add, at the moment, Fidelity manages assets in the amount of seven trillion dollars.