Robinhood believes it has been “misunderstood.” A new movie might not help matters. As The Wall Street Journal (WSJ) reported Saturday (Sept. 16), the trading platform is featured in the new comedy “Dumb Money,” which tells the story of the 2021 “meme stock” craze, and the...
It’s a renaissance for non-institutional market participation, and Robinhood wants to capitalize on that environment. The commission-free trading app told investors during its fourth quarter 2022 earnings call Wednesday (Feb. 8) that by targeting customers affected by macroeconomic headwinds with strategic value-add solutions, as well...
Regulators are pushing for greater oversight of cryptocurrency, with anti-money laundering (AML) and counter-terrorist financing (CTF) watchdog, the Financial Action Task Force (FATF), recently releasing guidelines intended to make digital asset transactions more transparent. That’s not the only sector getting greater oversight, either: Mobile wallet...
Sources have told Bloomberg that Fidelity Investments will launch its own crypto trading platform within a few weeks. Fidelity Digital Assets was created in October, and will soon offer over-the-counter buying and selling for bitcoin. But unlike other platforms, Fidelity will only serve institutional customers....
December 17, 2023
Robinhood has reportedly begun enticing customers from more established brokers like Fidelity and Charles Schwab. The online trading platform has received about $1.1 billion in account transfers since Oct. 23, the day it began offering a 1% match on transferred brokerage accounts, the company told The Wall Street Journal (WSJ) in a report published Saturday […]
September 17, 2023
Robinhood believes it has been “misunderstood.” A new movie might not help matters. As The Wall Street Journal (WSJ) reported Saturday (Sept. 16), the trading platform is featured in the new...
May 07, 2019
Sources have told Bloomberg that Fidelity Investments will launch its own crypto trading platform within a few weeks. Fidelity Digital Assets was created in October, and will soon offer over-the-counter...