Wedbush Financial Services to invest in Velocity Trade.

Wedbush Financial Services, a privately held investment firm based in Los Angeles, agreed to invest in Velocity Trade, a global brokerage firm offering access to global OTC and exchange listed markets. Financial terms were not disclosed. "Our new partnership with Velocity is a major step forward in the Global vision for our firm. The unrelenting mission to provide our clients with world-class, global multi-asset services will only accelerate with the addition of Velocity’s outstanding international capabilities," Gary Wedbush, Wedbush CEO.