According to the press release, users in the state of New York who have Apex Crypto accounts now have the option to trade cryptocurrencies 24/7, 365 days a year on Apex Crypto’s trusted, secure platform. “Apex has a history of applying forward-thinking fintech solutions across traditional finance sectors. We are thrilled to expand Apex’s product offerings to offer our clients an innovative, secure, and easily accessible solution to enable customers to access this dynamic asset class in New York State,” Bill Capuzzi, the Chief Executive Officer at Apex Fintech Solutions, commented.
Apex Crypto Background
With the support of its sister company, Apex Clearing
Clearing
Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. This gives credit to the bank where funds are deposited and a corresponding debit to the account of the paying institution. The Federal Reserve operates a nationwide check-clearing system. Clearing also is used to signify matching buyers and sellers in stock, futures, and options transactions. Understanding ClearingToday, any type of payment can be cleared. A credit card payment is cleared through the payment merchant. It can be said that clearing is the settlement of balances and transactions. There is also an act of cleaning contracts and risk through A clearinghouse, like CME Clearing, which is an intermediary between buyers and sellers in the derivatives market. As the intermediary or counterparty, to every trade, CME Clearing acts as the buyer for every seller and the seller for every buyer for every transaction on an exchange. Stocks are cleared through global stock exchanges similar to the New York Stock Exchange (NYSE). The clearing is the process of updating the accounts of the trading parties and arranging for the transfer of money and securities.
Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. This gives credit to the bank where funds are deposited and a corresponding debit to the account of the paying institution. The Federal Reserve operates a nationwide check-clearing system. Clearing also is used to signify matching buyers and sellers in stock, futures, and options transactions. Understanding ClearingToday, any type of payment can be cleared. A credit card payment is cleared through the payment merchant. It can be said that clearing is the settlement of balances and transactions. There is also an act of cleaning contracts and risk through A clearinghouse, like CME Clearing, which is an intermediary between buyers and sellers in the derivatives market. As the intermediary or counterparty, to every trade, CME Clearing acts as the buyer for every seller and the seller for every buyer for every transaction on an exchange. Stocks are cleared through global stock exchanges similar to the New York Stock Exchange (NYSE). The clearing is the process of updating the accounts of the trading parties and arranging for the transfer of money and securities.
Read this Term, Apex Crypto provides its clients with a regulatory solution for execution, clearing and custody, enabling the delivery of crypto investing across 34 tokens. In addition, Apex Crypto offers tax solutions through Apex Silver, another division of Apex Fintech Solutions, which operates an enterprise-class cryptocurrency cost-basis platform.
“Apex’s BitLicense is a culmination of our team’s hard work and commitment to partner with regulators and state entities as we seek to provide Apex Crypto clients, as well as our end-users, the ability to invest in what they want, when they want, in a clear and transparent manner,” Danny Rosenthal, the CEO at Apex Crypto, pointed out.
Rachel Saunders, the CEO of Apex Digital Assets, added: “We appreciate the trust and framework guidance of the NYDFS throughout this approval process. As we move forward into this exciting next chapter for Apex, we are hyper-focused on providing premier service as the trusted investing infrastructure partner of choice across all asset classes.”
According to the press release, users in the state of New York who have Apex Crypto accounts now have the option to trade cryptocurrencies 24/7, 365 days a year on Apex Crypto’s trusted, secure platform. “Apex has a history of applying forward-thinking fintech solutions across traditional finance sectors. We are thrilled to expand Apex’s product offerings to offer our clients an innovative, secure, and easily accessible solution to enable customers to access this dynamic asset class in New York State,” Bill Capuzzi, the Chief Executive Officer at Apex Fintech Solutions, commented.
Apex Crypto Background
With the support of its sister company, Apex Clearing
Clearing
Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. This gives credit to the bank where funds are deposited and a corresponding debit to the account of the paying institution. The Federal Reserve operates a nationwide check-clearing system. Clearing also is used to signify matching buyers and sellers in stock, futures, and options transactions. Understanding ClearingToday, any type of payment can be cleared. A credit card payment is cleared through the payment merchant. It can be said that clearing is the settlement of balances and transactions. There is also an act of cleaning contracts and risk through A clearinghouse, like CME Clearing, which is an intermediary between buyers and sellers in the derivatives market. As the intermediary or counterparty, to every trade, CME Clearing acts as the buyer for every seller and the seller for every buyer for every transaction on an exchange. Stocks are cleared through global stock exchanges similar to the New York Stock Exchange (NYSE). The clearing is the process of updating the accounts of the trading parties and arranging for the transfer of money and securities.
Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. This gives credit to the bank where funds are deposited and a corresponding debit to the account of the paying institution. The Federal Reserve operates a nationwide check-clearing system. Clearing also is used to signify matching buyers and sellers in stock, futures, and options transactions. Understanding ClearingToday, any type of payment can be cleared. A credit card payment is cleared through the payment merchant. It can be said that clearing is the settlement of balances and transactions. There is also an act of cleaning contracts and risk through A clearinghouse, like CME Clearing, which is an intermediary between buyers and sellers in the derivatives market. As the intermediary or counterparty, to every trade, CME Clearing acts as the buyer for every seller and the seller for every buyer for every transaction on an exchange. Stocks are cleared through global stock exchanges similar to the New York Stock Exchange (NYSE). The clearing is the process of updating the accounts of the trading parties and arranging for the transfer of money and securities.
Read this Term, Apex Crypto provides its clients with a regulatory solution for execution, clearing and custody, enabling the delivery of crypto investing across 34 tokens. In addition, Apex Crypto offers tax solutions through Apex Silver, another division of Apex Fintech Solutions, which operates an enterprise-class cryptocurrency cost-basis platform.
“Apex’s BitLicense is a culmination of our team’s hard work and commitment to partner with regulators and state entities as we seek to provide Apex Crypto clients, as well as our end-users, the ability to invest in what they want, when they want, in a clear and transparent manner,” Danny Rosenthal, the CEO at Apex Crypto, pointed out.
Rachel Saunders, the CEO of Apex Digital Assets, added: “We appreciate the trust and framework guidance of the NYDFS throughout this approval process. As we move forward into this exciting next chapter for Apex, we are hyper-focused on providing premier service as the trusted investing infrastructure partner of choice across all asset classes.”
