E trading and investment news
Here are some recent e-trading and investment news:
Market News
- Stock Market: The S&P 500 index rose 1.1% to a record high on Friday, driven by strong earnings reports from major companies such as Apple and Microsoft. (Source: CNBC)
- Cryptocurrency: Bitcoin surged above $12,000 for the first time in over two years, driven by growing institutional interest and a decline in regulatory scrutiny. (Source: Bloomberg)
- Bond Market: The yield on the 10-year Treasury note fell to 1.45%, its lowest level since 2017, as investors sought safe-haven assets amid global economic uncertainty. (Source: The Wall Street Journal)
E-Trading and Online Brokerage News
- Robinhood: The popular online brokerage app announced plans to go public with an initial public offering (IPO) that could value the company at up to $40 billion. (Source: The New York Times)
- Fidelity: The investment giant launched a new commission-free trading platform, Fidelity Zero, which offers a range of ETFs and index funds with no trading fees. (Source: Financial Planning)
- eToro: The social trading platform announced a partnership with the popular cryptocurrency exchange, Binance, to offer users access to a wider range of digital assets. (Source: CoinDesk)
Investment Trends and Insights
- Sustainable Investing: A growing number of investors are shifting their focus to sustainable and impact investing, with 85% of institutional investors now considering ESG factors in their investment decisions. (Source: Pensions & Investments)
- Robo-Advisors: The robo-advisor market is expected to continue growing, with assets under management expected to reach $1.4 trillion by 2025, up from $700 billion in 2020. (Source: Financial Planning)
- Options Trading: Options trading has become increasingly popular among individual investors, with the number of options contracts traded on major exchanges reaching a record high in 2020. (Source: The Options Clearing Corporation)
Regulatory News
- SEC: The Securities and Exchange Commission (SEC) announced plans to propose new rules to improve the transparency and oversight of the financial markets, including the use of artificial intelligence and machine learning. (Source: The Wall Street Journal)
- FINRA: The Financial Industry Regulatory Authority (FINRA) fined a major brokerage firm $1.5 million for failing to properly supervise its sales practices and for making false and misleading statements to customers. (Source: Investment News)
- CFTC: The Commodity Futures Trading Commission (CFTC) announced plans to propose new rules to regulate the use of digital assets, including cryptocurrencies and tokens, in the derivatives markets. (Source: CoinDesk)