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Analysts feared the company's slashed fees would cut into its margins, and the monthly jump in trading accounts counters some worries.
Stock-trading apps make "money more ethereal, like a token in a video game, so users tend to treat it as a game credit rather than actual cash."
The jig is up: Robinhood says it’s closed the ‘infinite leverage’ loophole that allowed users to build positions worth millions
The trading platform has implemented a "permanent update" meant to "prevent anyone from engaging in this pattern of trades," a spokesperson said.
The Reddit geek who raked in $100,000 with 2 trades credits his parents, likes tech stocks, and says the ‘hardest part’ was cashing out
Eddie Choi, who learned how to trade options on Reddit, told Markets Insider about his background, investment strategy, and future plans.
A new venture backed by Morgan Stanley and UBS is seeking to become a low-cost alternative to the New York Stock Exchange and Nasdaq
Members Exchange is looking to launch as early as mid-2020, and may offer early traders rebates to kick off activity on the new exchange.
A source told Business Insider that the bank will focus on its home turf in the Asia-Pacific region.
Tiny trades are making up a record share of market activity — and it’s likely the result of historically high prices and algorithmic tradi...
Odd-lot trades are those that involve fewer than 100 shares, and their increased abundance may require new regulation to keep markets up-to-date.
Mysterious traders may have made $3.5 billion off stock bets timed to Trump’s trade-war comments, Vanity Fair finds
Vanity Fair reported on a series of trades that were oddly timed to trade war developments, suggesting that some traders made handsome profits.
The trading floor was set up so the bank can continue to trade in the event of an emergency, says the Financial Times. Goldman advised We on its failed IPO.
Being able to code will be as important to future traders as ‘writing an English sentence,’ Goldman tech guru Marty Chavez predicts
Wall Street's dichotomies will soon fade away, and traders will have far more in common with engineers, Goldman Sachs' Chavez said.