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

U.S. appeals court throws out Deutsche Bank traders’ Libor-rigging convictions

NEW YORK (Reuters) – A US appeals court on Thursday overturned the convictions of two former Deutsche Bank traders for forging Libor, which was among the world’s most important financial standards, and ordered the two men acquitted. . The U.S. Court of Appeals for the Second Circuit in Manhattan found a lack of evidence that … Read more

U.S. goods trade deficit hits record high; retail inventories surge

Stacks of merchandise are photographed during operations on Cyber ​​Monday at the Amazon Fulfillment Center in Robbinsville, New Jersey, US, November 29, 2021. REUTERS/Mike Segar/File Photo Register now to get free unlimited access to Reuters.com Register The goods trade deficit increased 3.0% in December Retail stocks rose 4.4%; Wholesale sales rise 2.1% New home sales … 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

Asian shares, U.S. futures slide as traders fret about Ukraine, rate rises

An electronic price board is displayed inside a conference hall in Tokyo, Japan on November 1, 2021. REUTERS/Issei Kato Register now to get free unlimited access to Reuters.com Register HONG KONG (Jan. 25) (Reuters) – Asian stocks and U.S. futures fell on Tuesday after a tumultuous session on Wall Street, with investors worried about the … Read more

Police officer, others charged with insider trading related to chipmaker merger

Prosecutors said the police officer learned of the analogue fusion from his brother Prosecutors said the officer told two friends who had traded (Reuters) – A Massachusetts police officer and two friends were arrested Wednesday on charges of conspiracy to engage in insider trading based on undisclosed information about Analog Devices’ planned acquisition of Liner … 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