Strategy
Texas-Based Securities Firm Registers With Regulator

After obtaining FINRA membership, securities services will be offered directly through the firm, and will offer margin trading services soon.
Texas-based Redbridge Securities, a subsidiary of BBAE Holdings, has registered with the Financial Industry Regulatory Authority (FINRA) as a broker-dealer and member firm.
In the process of applying for registration as a FINRA member firm, FINRA conducted an examination of Redbridge's management team's experience, risk management, compliance, and financial strength, the firm said in a statement.
FINRA states that as a member firm, the company and its associates should abide by high standards of commercial honor and just and equitable principles of trade.
Prior to Redbridge obtaining FINRA membership, BBAE worked with a US clearing firm to provide $0 commission securities trading. After obtaining FINRA membership, services will be offered directly through Redbridge, and will offer margin trading services soon.
The firm has said that Redbridge will launch new business lines such as options, futures, and other derivatives, according to market demand, in the coming months.
Currently, BBAE has provided solutions to various partners in mainland China, Hong Kong, and the US, including fund management companies, investment advisor firms, independent financial services platforms and wealth management companies.