Vladimir Tenev, co-CEO of the online broker Robinhood, will appear before the House Financial Services Committee on Thursday and defend his company’s decision in late January to temporarily restrict trading in so-called meme stocks, including GameStop Inc. He will also push back against allegations that the app’s features encourage investors …
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GameStop Corp.’s stock movement continued to turn efficient market theory on its head Wednesday, streaking to a record that valued the retail chain at more than $ 24 billion. GameStop GME, +134.84% shares rose as much as 157% to an intraday high of $ 380 Wednesday and closed up 135% …
Read More » IG Group has agreed to buy U.S. online brokerage Tastytrade for $ 1 billion, in a move that gives the U.K.-listed spread betting company a foothold in the world’s largest derivatives market. The deal — the biggest ever acquisition for FTSE 250-listed IG Group IGG, -9.46% — comprises $ 300 …
Read More » U.S. stock-market futures opened flat late Sunday, in the first trading session of the new year. Dow Jones Industrial Average futures YM00, +0.01%, S&P 500 futures ES00, +0.05% and Nasdaq-100 futures NQ00, +0.05% were little changed. U.S. stocks finished higher Thursday, the last trading day of 2020, with the Dow …
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Wall Street is looking forward to happy holidays and a farewell to a pandemic-stricken 2020 and a welcome to a new year, with the last two weeks in December representing abbreviated sessions. On Thursday, the New York Stock Exchange and Nasdaq will end trading at 1 p.m. Eastern Time (and …
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Goldman Sachs is being forced to open a new stock-trading hub in Paris, due to uncertainty surrounding Brexit and London’s future as a European center for the trading of equities. The investment-banking giant announced on Tuesday that it would open the new hub before the end of the year, pending …
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When online trading is concerned, it plays a very important role in the trading platform. This tool is strong as it should be compatible with users. This should be easy to understand, fast, and work at a low bandwidth. Many Indian stockbrokers have already made their progress in recent years …
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A record-setting August for stocks has set the bar high, but September may be off to an upbeat start, led by technology. The big question for investors is whether the equity market will keep up the momentum? That brings us to our call of the day from Schwab Center for …
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Independence Day falls on Saturday this year, meaning that U.S. financial markets will be closed on Friday. The New York Stock Exchange and Nasdaq will be shuttered at the conclusion of regular trade Thursday, while the bond market will close an hour early, at 2 p.m. Eastern on Thursday, and …
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