Tagged: united states

December 16, 2023 @ 9:49 am By Omar Faridi  |  

U.S. retail investors are more scared about the prospect of losing money than possibly missing out on the next big opportunity according to new research from trading and investing platform eToro. eToro’s Rethinking Risk research reveals “that 61% of U.S. retail investors say that their… Read More

December 12, 2023 @ 5:02 pm By Omar Faridi  |  

Mortgage rates falling from a 23-year high have brought some early “holiday cheer for home shoppers and sellers,” according to a recent US market update. The latest Zillow (NASDAQ: Z and ZG) market report shows monthly costs “for a new mortgage are falling, inventory is… Read More

December 11, 2023 @ 12:04 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) recently worked with Impact Research to better understand registered voters who own crypto in New Hampshire, home of “the key first-in-the-nation Presidential Primary.” This new research shows Granite Staters agree it’s time “to update the financial system. 88% of crypto owners in New… Read More

December 10, 2023 @ 4:52 pm By Omar Faridi  |  

Fintech Trumid recently reported its November 2023 performance stats. Trumid noted in a blog post that the electronic bond trading platform announced record monthly activity. Trumid, a financial technology company and fixed income electronic trading platform, is reporting record trade volume and user participation highlights… Read More

December 8, 2023 @ 6:37 pm By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace that helps people buy, co-own, and sell a luxury second home, releases its third annual Top Second Home Markets Report, identifying “the leading luxury second home markets for 2023 and introducing the top markets to watch in 2024.” The… Read More

December 8, 2023 @ 1:19 pm By Omar Faridi  |  

CME Group, which claims to be one of the world’s leading derivatives marketplaces, reported its November 2023 market statistics, “reaching an average daily volume (ADV) of 28.3 million contracts during the month, an increase of 21% over 2022 and the company’s highest-ever November ADV on… Read More

December 8, 2023 @ 11:04 am By Omar Faridi  |  

DTCC, the post-trade market infrastructure for the global financial services industry, issued its annual Systemic Risk Barometer Survey results, which have “identified Geopolitical Risks, Inflation, U.S. Political Uncertainty / 2024 U.S. Presidential Election and Cyber Risk as the most significant threats to the financial services… Read More

December 7, 2023 @ 10:20 pm By Omar Faridi  |  

Millennial Shift Technologies Inc. has announced a strategic collaboration with CyberCube, the cyber risk analytics platform. mShift is a digital platform that allows insurance professionals to “quote, bind and issue multiple lines of business within the small to medium enterprise (SME) cyber liability space. mShift is… Read More

December 7, 2023 @ 12:22 pm By Omar Faridi  |  

Prospective homebuyers’ patience may be waning, with fewer willing to wait until home prices or interest rates come down to purchase a home, according to new data from the Bank of America (NYSE: BAC) Homebuyer Insights Report. Today, 62% are willing to “wait for prices… Read More

December 5, 2023 @ 9:50 pm By Omar Faridi  |  

Built, a software-as-a-service platform that connects lenders, owners, developers, and contractors to power smarter and faster money movement for the entire construction and real estate ecosystem while reducing risks, looked into the company’s November 2023 new single-family and multifamily housing data in order “to uncover… Read More

December 4, 2023 @ 9:44 pm By Omar Faridi  |  

New functionality and attributes are expected to fuel growth and scale in 2024, according to an update from Fintech firm Addepar. As part of a note shared by Addepar, the wealthtech firm has shared key platform developments, research insights along with client, partner and company… Read More

December 3, 2023 @ 3:18 pm By Omar Faridi  |  

Zillow (NASDAQ: Z and ZG) predicts in a new real estate market report that more homes for sale will lead to improved affordability in 2024 According to Zillow, home buying / real estate will “remain expensive, so expect a competitive market for homes that need… Read More

December 3, 2023 @ 2:58 pm By Omar Faridi  |  

Robinhod (NASDAQ: HOOD) Chief Executive Officer Vlad Tenev recently said that he does not think that the payment for order flow (PFOF) model of market-maker routing that the firm incorporates in the United States is under any type of threat. This would be despite suggestions… Read More

December 1, 2023 @ 4:11 pm By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released key findings from the 26th edition of the Reality Check: Paycheck-To-Paycheck research series. The Seasonal Financial Distress Deep Dive Edition “examines the impact of seasonal spending on consumers’ ability to… Read More

December 1, 2023 @ 4:07 pm By Omar Faridi  |  

CME Group, which claims to be one of the world’s leading derivatives marketplaces,  announced that open interest in its deeply liquid U.S. Treasury futures “set a new record of 21,428,757 contracts on November 24.” This year, the notional value of open interest “in CME Group… Read More

December 1, 2023 @ 3:53 pm By Omar Faridi  |  

With affordability remaining top of mind throughout the automotive industry, new data shows the average loan amount “for new and used vehicles decreased in Q3 2023, an optimistic sign that things are continuing to level out for vehicle shoppers.  ” According to Experian’s State of the… Read More

November 30, 2023 @ 4:53 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has shared its fifth annual Transparency Report. Coinbase says that its goal with the Transparency Report is “to provide customers with data about requests for their information that we receive from government agencies and law enforcement.” Coinbase also intends to “provide some insight… Read More

November 29, 2023 @ 1:12 pm By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released key findings from the Reality Check: Paycheck-To-Paycheck research series. The Holiday Shopping Deep Dive Edition examines “the financial lifestyles and spending choices of U.S. consumers going into the 2023 holiday… Read More

November 27, 2023 @ 5:05 pm By Omar Faridi  |  

It’s not just Millennials and Gen Z with do-it-yourself brokerage accounts “driving the trend toward increased use of digital wealth management tools; the digital channel has become central to the client experience for all types of investors, with mobile apps leading the way.” According to… Read More

November 24, 2023 @ 10:59 am By Omar Faridi  |  

Former CEO and Binance founder Changpeng Zhao‘s (CZ) departure from the firm will trigger some short-term volatility in the cryptocurrency market, but crypto will “continue to thrive as more institutional money pours in,” predicts the CEO of an independent financial advisory, asset management and fintech… Read More