Tagged: stock trading

Security Token Market Releases Tokenized Stock Arbitrage Report for October 2021

The team at Security Token Market (STM), which is focused on supporting blockchain-based security tokens, has released their Tokenized Stock Arbitrage Report for October 2021. As noted in the report from STM, FTX has seen “record-high” trading volumes. It’s been an “electric month” for tokenized… Read More

Nasdaq Announces Launch of Retail Trading Activity Tracker Tool

Nasdaq (Nasdaq: NDAQ) has announced the launch of the Retail Trading Activity Tracker, which is a new dataset that aims to offer reliable information into the trading activity of self-directed retail investors in the U.S. equity market. The Retail Trading Activity Tracker has been designed… Read More

AleFi, a Social Investment App, Introduced in US Markets

A newly developed investment app has been introduced in the US. Like most other services, it also promises to better serve retail clients and offer engaging social investment opportunities. AleFi‘s management explains that they allow subscribers to view portfolios shared by professional or highly experienced… Read More

UK’s Wombat, a Fractional Investment Platform, Aims to Secure £10M via Series A to Expand into Europe

UK-headquartered micro-investing platform Wombat Invest has appointed David Davies, the ex-Chief Information Officer at Hargreaves Lansdown, and former eToro Managing Director Iqbal Gandham to its advisory board. These appointments have been made as the company prepares a  £10m Series A round in order to support… Read More

Commission-Free Stock Brokerage Platform Alpaca Acquires $50M via Series B

Alpaca, a commission-free stock brokerage platform that provides APIs for Fintech-related apps to connect and trade in US stocks, reveals that it has finalized a $50 million Series B “on the heels” of driving 1500% YTD growth in brokerage accounts and “expanding partnerships” across Europe,… Read More

PayPal Shares Rise Following Report of Forthcoming Stock Trading Feature

Shares in PayPal (NASDAQ:PYPL) are rising following the report that the Fintech is preparing to launch stock trading. PayPal already features crypto trading so a move towards traditional assets, alongside digital assets, may make a lot of sense to the global payments firm. According to… Read More

Pre-Product Stock Trading Fintech App Shares.io Acquires $10M via Seed Round

In yet another sign that the day trading craze is here to stay (due in part to permanent changes in consumer behavior following the COVID outbreak), a pre-product stock trading Fintech has bagged $10 million via a seed round. Shares.io, a Fintech firm launched this… Read More

Kredent InfoEdge Private Ltd, Operator of India’s StockEdge and Elearmarkets, Secures $1.34M+ from Kotak Securities, Others

Kredent InfoEdge Private Limited (KIPL), an entity that operates the Indian brands StockEdge and Elearnmarkets, has acquired growth capital of INR 10 Crore (appr. $1.35 million) from Kotak Securities Ltd in order to expand their existing product capabilities while growing their user base. This is… Read More

Karachi Fintech Seed Labs, Developer of Trading App dTrade, Acquires $6.4M from Alameda Research, Others

Karachi’s Seed Labs, which has developed a new trading app (called dTrade), has secured $6.4 million in capital through a seed funding round at a $50 million valuation. Seed Labs co-founders Ahmad Jawaid, Zabi Mohebzada, Rabeel Jawaid, and Yameen Malik have helped create the dTrade… Read More

Australia’s Stake, a Commission Free Brokerage App, Secures $30M from Tiger Global, DST Global

Australia’s commission-free brokerage app Stake has acquired $30 million in capital from Tiger Global and partners of DST Global in order to support the firm’s expansion into European markets. Stake provides retail investors with access to over 4,400 US stocks and exchange-traded-fund (ETFs), along with… Read More

Robinhood Is Still Facing Many New Complaints and Lawsuits from Clients due to Lack of Proper Customer Support: Report

Leading digital investment platform Robinhood is facing numerous lawsuits from clients. The Fintech firm’s clients have been complaining about the lengthy delays when it comes to resolving their account issues. These problems have led to many users being unable to access their funds for months,… Read More

Digital Asset Exchange Decoin Is Supporting Trading GameStop (GME) Stock Using Cryptocurrencies

Digital asset exchange Decoin announced recently that they will support trading GameStop (NYSE:GME) stock using cryptocurrencies. The Decoin team had noted that if you’re still unaware about what’s happening with r/wallstreetbets, then it’s “safe to say that you’ve been living under a rock.” As mentioned… Read More

Chinese Regulators have Instructed Banking Institutions to Trim Loan Books to Guard Against Capital Market Bubbles

China’s regulatory authorities have reportedly been telling local banking institutions to “trim” their loan books during 2021 to guard against potential risks resulting from bubbles in domestic capital markets. This, according to an update from Reuters which cited sources familiar with the matter (on March… Read More

Robinhood being Investigated by US Regulators over Trading Restrictions, Options Trading Policies

Robinhood Markets Inc, the leading zero-fee stock trading app provider, stated on Friday (February 26, 2021) that US regulatory authorities were investigating the firm’s temporary trading restrictions on these so-called “meme stocks” earlier in 2021. These activities have come under increased scrutiny as the shares… Read More

Stock Trading in Hong Kong has Increased Significantly Compared to Volumes Reported Recently by London Stock Exchange

Stock trading volumes in Hong Kong have reportedly increased by as much as 4x compared to those on London’s main stock exchange, as large tech stocks continue to attract investors from other jurisdictions. Some have referred to Hong Kong’s stock trading as the “Nasdaq of… Read More

Digital Investment Platform Robinhood to Enable Deposits and Withdrawals for Bitcoin and Other Cryptocurrencies

Digital investment platform Robinhood stated on Wednesday (February 17, 2021) that it is planning to give its clients the option to deposit and withdraw digital currencies, including the “meme crypto” Dogecoin (DOGE). The stock trading app has become really popular with younger Millennial and Gen… Read More

Tiger Global Is Reportedly Planning to Lead $200M Round in Robinhood Competitor Public.com

Tiger Global is reportedly leading a $200 million investment round in Public.com, a Robinhood competitor. at around a $1.2 billion valuation (quadrupling the firm’s value in only 2 months). Public.com’s management noted that their massive $200 million round would give the firm a $1 billion… Read More

Robinhood App Downloaded Over 1 Million Times this Past Week, Could have been “Best” and “Worst” Week for Company, Analyst Says

This past week could have just been one of the worst weeks in Robinhood’s 8-year history, however, it also might have been one of the best in some ways. According to estimates, the private firm’s app was downloaded over 1 million times from this past… Read More

UK’s Wombat, a Fractional Investment Platform, Acquires $2M in Seed Funding via Round led by Fuel Ventures

UK-based Wombat, a fractional investment platform, has acquired $2 million in capital via a seed funding round that was led by Fuel Ventures. Established in 2019, Wombat claims around 62,000 users for its mobile trading platform, providing access to 31 popular stocks and 22 theme-based… Read More

More than 30 Lawsuits Now Filed Against Stock Trading App Provider Robinhood Markets Inc., Suits Allege Company Is Manipulating Markets

Digital investment platform Robinhood is reportedly facing around 30 different lawsuits from traders for shutting down or not supporting GameStop trading. Several groups of Robinhood‘s clients have filed lawsuits against the stock trading service provider. Lawsuits have alleged the firm violated certain laws by imposing… Read More

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