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

Base metals subdued in thin trade as China shut for holiday

Jan 31 (Reuters) – Copper prices were little changed on Monday, while aluminum edged lower on profit-taking in thin Asian trading as Chinese markets were closed for a week-long Lunar New Year holiday. Three-month copper on the London Metal Exchange was virtually flat at $9,503.50 a tonne by 0623 GMT. It hit a three-week low … Read more

U.S. focused on existing metals talks, Tai tells S. Korean trade chief

US Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, US, May 12, 2021. Pete Marovich/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Jan 27 (Reuters) – US Trade Representative Katherine Tai told South Korea’s trade minister on Thursday the United States was … 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

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

LIVE MARKETS London FX trading falls from records

European shares up 2% Travel & leisure index leads gainers Fed policy meeting squarely in focus Nasdaq futures rise Jan 26 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected] LONDON FX TRADING FALLS FROM RECORDS (1005 GMT) Trading … 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

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

Dollar finds a footing as traders brace for hawkish Fed

Illustrative photo of the US dollar, Swiss franc, British pound and euro banknotes, taken in Warsaw on January 26, 2011. REUTERS/Kacper Pembel/File Photo Register now to get free unlimited access to Reuters.com Register The dollar maintains Friday’s jump in Asia Rebound extends to 114.45 yen; Federal Funds Futures Drops China offers surprise 10 basis points … Read more