WeBull, an online trading platform, has partnered with Apex Fintech, a financial technology provider for clearing, custody, and advisory services, and Moment, a fixed income trading technology provider, to allow retail investors to trade fixed income securities in the US with plans to expand globally.

Through this partnership, WeBull will leverage Apex and Moment’s technology to offer fractional trading on fixed income securities. Users will be able to invest with a minimum of USD 100, which is significantly less than the industry minimums of USD 1,000 and USD 5,000.

The partnership will also provide users with market data and analytics such as information on price, yield, coupon, and more, to make informed decisions. With bond prices historically having an inverse relationship with stock prices, users can hedge against macroeconomic changes and market trends.

Analyst QuickTake: Amid plans to go public via a SPAC deal , WeBull has been expanding product offering and reach in recent months. The company also launched futures and commodities trading in the US (March 2024), launched a cash management solution in Canada, and launched its platform in Brazil with plans to offer customized product offerings (February 2024).