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Fintech Focus For April 26, 2021
Sunday, April 25, 2021 - 9:45pm | 1489Read More...Quote To Start The Day: Well done is better than well said. Source: Benjamin Franklin One Big Thing In Fintech: Alpaca, a stock brokerage that allows developers to build apps, services, and trading platforms, formally announced the launch of Broker API, as well as an expansion of its investment...
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Miami's Path To Becoming A Tech Hub, According To TheVentureCity's CEO: 'Brainpower Doesn't Have A Zip Code'
Tuesday, March 23, 2021 - 1:50pm | 1310Read More...“Thinking of moving to Miami? DM me.” That’s according to a tweet from Miami Mayor Francis Suarez that's plastered across billboards along California. The initiative, sponsored by Reddit co-founder Alexis Ohanian and early Uber Technologies Inc (NYSE: UBER) and...
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Fintech Focus For March 9, 2021
Monday, March 8, 2021 - 6:49pm | 1938Read More...Quote To Start The Day: “If I look at trading when I started, I would say a phone or occasionally a computer got broken at least once a week, or once every two weeks,” Dunn, Citigroup’s global co-head of rates trading, said during a virtual roundtable last week, held ahead of...
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Robinhood, Citadel, Melvin Capital CEOs Grilled In Response To Reddit, Hedge Fund Short Squeeze Drama
Thursday, February 18, 2021 - 4:53pm | 564Read More...On Thursday, the House Financial Services Committee committee held a special hearing to attempt to sort through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and stocks like GameStop Corp. (NYSE: GME) that recently...
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Roaring Kitty, Ken Griffin, Vlad Tenev To Be Among Those Testifying At House Hearing
Saturday, February 13, 2021 - 11:14am | 561Read More...Citadel Founder and CEO Ken Griffin An event is coming this week that should offer up plenty of material for documentary writers who are already hard at work in covering the GameStock stock saga. House Hearing: Many of the major names who were at the center of the storm — WallStreetBets,...
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Fintech Spotlight: Unpacking Finny's Quiz-Based Take On Financial Literacy
Wednesday, February 10, 2021 - 10:21am | 1531Read More...In the last two years, the commission-free revolution and gamification of online trading platforms increased engagement in markets. Now more than ever before are people interested in learning about finance and unique ways to put their money to use. In light of this, Benzinga spoke with Milan...
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Fintech Focus For February 8, 2021
Sunday, February 7, 2021 - 8:25pm | 2192Read More...Quote To Start The Day: Excessive determinism is almost always the biggest enemy of stability. This seeming contradiction is behind the concept of metastability which captures the mode of market functioning in the last years. Metastability is what seems stable, but is not — a stable waiting...
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Fintech Focus For February 2, 2021
Monday, February 1, 2021 - 6:38pm | 1809Read More...Quote To Start The Day: “This is not the market participants' problem, they paid to play. It’s the broker’s problem, from an operational standpoint, to make sure that these things are in check.” Source: Kris Sidial One Big Thing In Fintech: Year 2021 will be all about...
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'This Is Not The Market Participant's Problem': Volatility Arbitrage Trader Talks GameStop, Market Microstructure, Regulation
Monday, February 1, 2021 - 6:13pm | 1560Read More...In 2019, former financial professional Keith Gill, who goes by “Roaring Kitty” on Reddit, began a movement that pushed GameStop Corporation’s (NYSE: GME) stock price as high as $513.12 in premarket trade Jan. 28, after which numerous brokers made the controversial decision to...
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WallStreetBets Posters Warn Retail Traders On Silver Squeeze: 'The Antithesis Of Who We Are'
Monday, February 1, 2021 - 2:08pm | 635Read More...The iShares Silver Trust (NYSE: SLV) rallied more than 11% Monday morning on media reports that the WallStreetBets Reddit community responsible for pumping up the price of stocks like GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) in recent weeks has shifted its...
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Mets Owner Steve Cohen Shuts Down Twitter Account After Receiving Threats
Saturday, January 30, 2021 - 5:10pm | 312Read More...The founder of hedge fund Point72 and owner of the New York Mets Steve Cohen has deactivated his Twitter account after his family received threats this week amid the GameStop trading fiasco, Bloomberg and ESPN have reported. What Happened: In a statement, Cohen said he was taking...
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Fintech Focus Roundup For January 30, 2021
Friday, January 29, 2021 - 8:12pm | 1497Read More...A Short Seller Joins Benzinga's 'Power Hour' To Talk GameStop. The Rest Is History. On Jan. 21, Citron Research's Andrew Left went live with Benzinga’s Luke Jacobi and Jason Raznick on the daily "Power Hour" show to discuss his opinion on GameStop Corporation. After...
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How And Why Did The Stock Market Crack This Week?
Friday, January 29, 2021 - 5:01pm | 1598Read More...During one of the most intense earnings weeks of the season, all of Wall Street and most of America has been focused on another incredible investing drama unfolding on an hour-by-hour basis. The WallStreetBets Reddit community sent shares of stocks like GameStop Corp. (NYSE: GME) and AMC...
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A Short Seller Joins Benzinga's 'Power Hour' To Talk GameStop. The Rest Is History.
Friday, January 29, 2021 - 1:32pm | 1523Read More...The fervor of the crowd versus Wall Street commenced during one of Benzinga's live shows. On Jan. 21, Citron Research's Andrew Left went live with Benzinga’s Luke Jacobi and Jason Raznick on the daily "Power Hour" show to discuss his opinion on GameStop Corporation (NYSE:...
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Dave Portnoy And Steve Cohen Get Snippy Over Thursday's Trading Halts
Thursday, January 28, 2021 - 6:12pm | 592Read More...Barstool Sports Founder Dave Portnoy and hedge fund manager Steve Cohen on Thursday argued via Twitter (NYSE: TWTR) over the battle between retail traders and hedge funds. What Happened: Portnoy has spent the past few days defending the retail traders who helped send shares of stocks...
