Tornado reports triple revenue growth due to institutional client demand.
New customers can access Public’s AI assistant, Alpha, and invest in Generated Assets.
Public has acquired the retail brokerage accounts of
Tornado, an artificial intelligence platform for financial institutions. The
agreement will see more than 85,000 Tornado brokerage customers moved to
Public’s active trading platform. They will gain access to a broader range of
investment products.
Public has shifted away from social
trading to focus on AI-driven investing tools. The platform now positions
itself as a multi-asset broker, offering stocks, options, bonds, crypto via
Bakkt, margin trading, and AI-powered products like Generated Assets.
Tornado Refocuses on Institutional AI Research
Stephen Sikes, COO of Public, Source: LinkedIn
Tornado will not exit the market. Instead, it will continue
to focus on institutional clients. The company said it is scaling its agentic
AI research platform to serve hedge funds, asset managers, investment banks,
venture capital and private equity firms, and other institutions. Tornado
reported a revenue increase of more than three times in recent months, citing
rising interest from these clients.
Public, launched in 2019 and based in New York, offers
long-term investing across multiple asset classes, including stocks, bonds,
crypto, and options. The company has raised more than $400 million from
investors such as Accel and Tiger Global.
Public Offers Expanded Assets to Tornado Clients
As part of the transition, Tornado’s retail customers
joining Public will be able to invest in stocks, ETFs, bonds, crypto,
retirement accounts, and options. They will also have access to Public’s AI
research assistant, Alpha, and the option to invest in customizable indexes
through Generated Assets.
“Tornado's customers will have access to a modern
brokerage platform where traders will have a variety of AI-powered tools and
charting to move quickly and take advantage of the market in real time,”
said Stephen Sikes, COO of Public.
Public launched Generated Assets, an AI-powered
tool that lets users create custom equity indexes from simple text prompts.
The system analyzes filings and public data, backtests performance, and tracks
personalized indexes against the S&P 500.
Users can explore niche investment ideas, monitor indexes,
and share results. Public plans to add investment functionality soon, offering
an AI-assisted alternative to traditional investing without requiring advanced
market expertise.
Public has acquired the retail brokerage accounts of
Tornado, an artificial intelligence platform for financial institutions. The
agreement will see more than 85,000 Tornado brokerage customers moved to
Public’s active trading platform. They will gain access to a broader range of
investment products.
Public has shifted away from social
trading to focus on AI-driven investing tools. The platform now positions
itself as a multi-asset broker, offering stocks, options, bonds, crypto via
Bakkt, margin trading, and AI-powered products like Generated Assets.
Tornado Refocuses on Institutional AI Research
Stephen Sikes, COO of Public, Source: LinkedIn
Tornado will not exit the market. Instead, it will continue
to focus on institutional clients. The company said it is scaling its agentic
AI research platform to serve hedge funds, asset managers, investment banks,
venture capital and private equity firms, and other institutions. Tornado
reported a revenue increase of more than three times in recent months, citing
rising interest from these clients.
Public, launched in 2019 and based in New York, offers
long-term investing across multiple asset classes, including stocks, bonds,
crypto, and options. The company has raised more than $400 million from
investors such as Accel and Tiger Global.
Public Offers Expanded Assets to Tornado Clients
As part of the transition, Tornado’s retail customers
joining Public will be able to invest in stocks, ETFs, bonds, crypto,
retirement accounts, and options. They will also have access to Public’s AI
research assistant, Alpha, and the option to invest in customizable indexes
through Generated Assets.
“Tornado's customers will have access to a modern
brokerage platform where traders will have a variety of AI-powered tools and
charting to move quickly and take advantage of the market in real time,”
said Stephen Sikes, COO of Public.
Public launched Generated Assets, an AI-powered
tool that lets users create custom equity indexes from simple text prompts.
The system analyzes filings and public data, backtests performance, and tracks
personalized indexes against the S&P 500.
Users can explore niche investment ideas, monitor indexes,
and share results. Public plans to add investment functionality soon, offering
an AI-assisted alternative to traditional investing without requiring advanced
market expertise.
Prop Firms and Brokers Form a Perfect Synergy: One Offers Access, the Other Capital
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
