Tag Archives: Trading

Data unveil who’s winning the crypto trading game

As hot as the cryptocurrency market is these days, competing as a marketplace isn’t always easy — even during a year of bull runs. Recently, both Robinhood (HOOD) and Coinbase (COIN) rocked their shareholders by releasing third quarter results that fell well short of expectations. Yet the platforms have potentially gained major volume boosts during the current quarter, making it a good time to ask which ones are winning the crypto exchange game this year. Most cryptocurrency exchanges don’t… Source link

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China Trading Apps Tank After Official Calls Them ‘Illegal’

(Bloomberg) — China’s largest cross-border brokers plummeted in U.S. premarket trading after a central bank official questioned the legitimacy of their operations amid Beijing’s continuing crackdown on private enterprise. Most Read from Bloomberg These online brokers are engaged in “illegal financial activities” because they have no “driving licenses” to operate in China, Sun Tianqi, a senior People’s Bank of China official wrote in an article published on the website of Finance… Source link

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Meme stock trading restrictions ‘not good’ for retail investors

The U.S. Securities and Exchange Commission (SEC) is still weighing its response to the frenzy over meme stocks, but its leader acknowledged that investors were among the losers when brokerages abruptly restricted trading in late January. “Restrictions on trading that fateful Friday in January was not good for the retail investors that wanted access to the markets,” said SEC Chair Gary Gensler during Yahoo Finance’s All Markets Summit. That “fateful Friday” was Jan. 29, when several… Source link

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Federal Reserve tightens ethics rules to ban active trading by senior officials

The Federal Reserve on Thursday said it will tighten its ethics rules concerning personal finances among its most senior officials, the latest development in a trading scandal that has led to the resignation of two policymakers. The central bank said it has introduced a “broad set of new rules” that restricts any active trading and prohibits the purchase of any individual securities (i.e. stocks, bonds, or derivatives). The new restrictions effectively only allow purchases of diversified… Source link

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Fed Chairman Powell’s renomination odds complicated by trading scandal

Federal Reserve Chairman Jerome Powell’s odds at renomination continue to hang in the wind, as the White House works through whether or not they should bring in fresh blood to the head of the central bank. Complicating his path to a second term: a scandal that has engulfed at least three senior Fed officials, centered on big financial bets they made during 2020. Regional Fed Presidents Robert Kaplan and Eric Rosengren stepped down from their roles after reporting revealed bets on real… Source link

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Thinking about trading options or stock in Costco, Salesforce, Chevron, Facebook, or Yandex?

NEW YORK, Sept. 27, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for COST, CRM, CVX, FB, and YNDX. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock. Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system… Source link

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Why Alibaba Shares Are Trading Lower Today

Alibaba Group Holding Ltd (NYSE: BABA) is trading lower Friday amid continued Evergrande default concerns. Evergrande had an $83 million interest payment due Thursday for a bond that’s set to mature in March 2022. The company has not said whether or not it intends to make the payment. As of Friday morning, Evergrande had not made any announcement or filing to the Hong Kong exchange. The company will not default unless it fails to make the payment within 30 days. Alibaba is the world’s largest… Source link

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