The Only Constant

Legacy Broker Models Enable Insider Trading And Market Manipulation: PayBito CEO Raj Chowdhury

Retrieved on: 
Thursday, June 8, 2023

PALO ALTO, Calif., June 8, 2023 /PRNewswire-PRWeb/ -- Exchanges drive up a notable segment of the world's economy, with brokers across the globe facilitating transactions among countless investors and traders. Tech innovations, despite their potential to transform business operations, have yet to make their presence felt across the major conventional exchange broker models. The negligence towards modern solutions is fostering financial exclusion through limited broker access and institutional favoritism, restricting non-institutional traders. PayBito CEO Raj Chowdhury explains how institutional investors control these seemingly random variables to control the entire stock market trajectory.

Key Points: 
  • The PayBito CEO explains how legacy brokerage models are misfits in modern times, contributing to insider trading and market manipulation, and proposes the cloud BaaS solution.
  • PayBito CEO Raj Chowdhury explains how institutional investors control these seemingly random variables to control the entire stock market trajectory.
  • Change is the Only Constant in the Cycle of Evolution:
    The PayBito CEO Raj Chowdhury states, "Legacy broker models have failed to keep up with the changing dynamics of the market, enabling insider trading and market manipulation.
  • It enables investors from all backgrounds to access real-time market data and AI-generated insights, reducing the risk of insider trading.