Canada’s Wealthsimple aims for real-world cryptocurrency use as it looks beyond trading

TORONTO, Jan. 31 (Reuters) – Canadian online broker Wealthsimple wants to chart a future that enables the actual use of cryptocurrencies rather than just facilitating trading, but it will likely encounter unexpected costs and uncertain regulatory terrain along the way. Wealthsimple was launched in 2014 as a stock trading platform and currently has C$15 billion … Read more

Meme stock hangover: a year after GameStop, traders face gloomier markets

GameStop trading information is displayed on the Robinhood app where another screen shows the Robinhood logo in this January 29, 2021 photo illustration. REUTERS/Brendan McDermid/Illustration/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK, Jan 28 (Reuters) – The mood has changed dramatically after a year of a stunning rebound in … Read more

Analysis: Will the games stop? SEC mulls crackdown on trading apps

WASHINGTON, Jan. 26 (Reuters) – A year after the “share meme” rally that humbled hedge funds and rattled Wall Street, U.S. regulators are studying ways to crack down on psychic routers used by Robinhood Inc (HOOD.O) and others. From companies without commissions. Brokers to promote stock trading frequently on smartphone applications. The Securities and Exchange … Read more

Wall Street banks eye ‘new normal’ for trading revenue after stellar two years

A street sign, Wall Street, is seen outside the New York Stock Exchange (NYSE) in New York City, New York, US January 3, 2019. REUTERS/Shannon Stapleton/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Wall Street banks expect trading revenue to stabilize at a “new normal” somewhere between … Read more

Retail investors show signs of fatigue after last year’s trading frenzy – report

People walk near the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 9, 2021. REUTERS/Andrew Kelly Register now to get free unlimited access to Reuters.com Register (Reuters) – Retail investors were less enthusiastic about buying U.S. stocks on a dip on Tuesday, Fanda Research analysts said in a weekly note, the … Read more

British digital banking app Revolut launches U.S. stock trading

A trader watches his chart as he works on the floor of the New York Stock Exchange on July 8, 2014. REUTERS/Brendan McDermid Register now to get free unlimited access to Reuters.com Register (Reuters) – Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday, in a move that will … Read more

Analysis: After U.S. bank stock surge, options traders brace for earnings-fueled volatility

NEW YORK (Reuters) – Bank stocks have surged in recent weeks, but the rebound in hedging in a major financial sector exchange-traded fund may be a sign that investors are wary of earnings season volatility, options market experts say. . As major banks such as JP Morgan (JPM.N), Wells Fargo and Citigroup Inc (CN) prepare … Read more