Tag Archives: Trading

Game-like design features in stock trading apps should be reviewed, says FCA

Game-like design features in stock trading apps should be reviewed, says FCA

Stock trading app operators have been warned to review their design features, including those with game-like elements, amid concerns they could encourage people to trade more frequently or take on more risk. The Financial Conduct Authority (FCA) said there could be a risk of app features prompting consumers to take actions against their own interests and it raised concerns about features potentially contributing to “gambling-like behaviour”. Features include sending frequent notifications… Source link

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Genesis Trading suspends redemptions and new loans in wake of FTX

Genesis Trading suspends redemptions and new loans in wake of FTX

Genesis Trading, one of the largest crypto lending institutions, said it’s temporarily suspending redemptions and new loan originations in its lending business. The development is one more blow to crypto credit markets and sent bitcoin’s value down. The company said on a Wednesday call with clients that it’s working to find a solution for its lending business and is pushing to present proposals next week. The announcement comes as yet another ripple effect from the bankruptcy of major crypto… Source link

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Sam Bankman-Fried secretly transferred FTX customer funds to Alameda Research after his trading firm suffered losses in the spring, report says

Sam Bankman-Fried secretly transferred FTX customer funds to Alameda Research after his trading firm suffered losses in the spring, report says

Sam Bankman-Fried.Craig Barritt/Getty Images for CARE For Special Children Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research earlier this year, sources told Reuters. The money included customer funds as well as those backed by FTX’s native token FTT and shares in Robinhood.  The Wall Street Journal reported FTX lent more than half of its $16 billion in customer funds to Alameda in total. Sam Bankman-Fried transferred at least $4 billion from FTX to Alameda… Source link

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Asian Stocks Drop, Dollar Slips Amid Wary Trading: Markets Wrap

Asian Stocks Drop, Dollar Slips Amid Wary Trading: Markets Wrap

(Bloomberg) — Asian equities opened lower and major currencies made gains against the dollar in a cautious open to the week following further weakness on Wall Street and a defiant message to the world from China’s Communist Party congress. Most Read from Bloomberg Stocks dropped in Japan, Australia and South Korea while futures for Hong Kong fell. Contracts for the S&P 500 and Nasdaq 100 rose after tumbling Friday, when Treasury yields climbed as year-ahead inflation expectations increased…. Source link

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Yandex: Unclear Cash Flow Outlook; Trading Suspended (NASDAQ:YNDX)

Yandex: Unclear Cash Flow Outlook; Trading Suspended (NASDAQ:YNDX)

Pavel Byrkin/iStock Editorial via Getty Images Introduction Trading in Yandex (NASDAQ:YNDX) shares on the stock exchange is still suspended. Despite the fact that the company posted a strong 2Q report, I think that the company will face a high level of uncertainty and new risks in future periods. The company’s management refused to provide guidance and canceled the guidance that was published earlier. At the moment, the company has significantly reduced the investment program and focused on… Source link

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Yandex: Unclear Cash Flow Outlook; Trading Suspended (NASDAQ:YNDX)

Yandex: Unclear Cash Flow Outlook; Trading Suspended (NASDAQ:YNDX)

Pavel Byrkin/iStock Editorial via Getty Images Introduction Trading in Yandex (NASDAQ:YNDX) shares on the stock exchange is still suspended. Despite the fact that the company posted a strong 2Q report, I think that the company will face a high level of uncertainty and new risks in future periods. The company’s management refused to provide guidance and canceled the guidance that was published earlier. At the moment, the company has significantly reduced the investment program and focused on… Source link

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Stocks waver in choppy trading after the S&P 500 touches new lows

Stocks waver in choppy trading after the S&P 500 touches new lows

U.S. stocks struggled to find their footing in choppy trading Friday after a vicious sell-off that sent the S&P 500 to lows not seen since 2020. The bellwether index hovered around the flatline, while the Dow Jones Industrial Average sank 120 points, or 0.4%. The technology-focused Nasdaq Composite gained 0.3%. Investors will close out a brutal month and quarter on Friday. The S&P 500’s 2.1% drop on Thursday marked its 49th decline of 1% or more this year, marking the most downside… Source link

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Tech stocks sink, Walmart rallies in mixed trading

Tech stocks sink, Walmart rallies in mixed trading

Stocks were mixed near noon on Tuesday with results out of Walmart and a resurgence in the meme stock rally taking centerstage. Near 11:30 a.m. ET, the S&P 500 was up 0.1%, the Dow was up 0.6%, and the Nasdaq was down 0.3%. Earlier in the session, the S&P 500 and Nasdaq had traded in red figures, with the Nasdaq off more than 1.1% at session lows. Around 11:20 a.m. ET, shares of Bed, Bath & Beyond (BBBY) were halted at least twice for volatility after gaining more than 70% on the day. GameStop… Source link

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Yandex Target of Unusually Large Options Trading (NASDAQ:YNDX)

Yandex Target of Unusually Large Options Trading (NASDAQ:YNDX)

Yandex (NASDAQ:YNDX – Get Rating) was the recipient of unusually large options trading activity on Wednesday. Investors bought 1,814 put options on the company. This represents an increase of 1,437% compared to the typical volume of 118 put options. Yandex Price Performance YNDX stock opened at $18.94 on Thursday. The company’s fifty day moving average price is $18.94 and its 200-day moving average price is $23.25. Yandex has a one year low of $14.11 and a one… Source link

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The problem with trading Jaylen Brown for Kevin Durant

The problem with trading Jaylen Brown for Kevin Durant

“But this is Kevin Durant.” That line from Shams Charania’s report for The Athletic, which suggested the Boston Celtics offered Jaylen Brown as the centerpiece of a trade for the Brooklyn Nets superstar, is a common refrain in analysis of the one-time league MVP’s value. In a vacuum, Durant is better than Brown and may have meant the difference between a six-game NBA Finals loss to the Golden State Warriors and the Celtics’ 18th championship. Of course Boston should gauge Brooklyn’s interest… Source link

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