Tag: Robinhood

Forex Weekly Look Back
June 25, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: BDSwiss’ CRO talks about performance and outlook, CME FX Link integrates with Bloomberg

ASIC announced that Societe Generale Securities Australia Pty Ltd (SGSAPL) has met the additional Australian financial services (AFS) licence conditions imposed on the company and they were removed on 3 June 2021. The licence conditions imposed on SGSAPL in June last year required the company to appoint an independent expert to assess and test the…

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Robinhood
June 25, 2021 BY Steffy Bogdanova

SEC review slows down Robinhood IPO plans

The trading app launched crypto trading in 2018 and now cryptocurrencies such as Bitcoin and Ethereum are available for trading. About a half of the users on the app are first-time investors. This year has been particularly volatile for crypto trading. SEC Chairman Gary Gensler is expected to make a number of new policies and…

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Forex Weekly Look Back
June 04, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Soe Hein Min returns to United Strategic, Robinhood appoints three new directors to Markets Board

Multi-asset execution and order management systems provider FlexTrade Systems and BMLL Technologies, independent provider of harmonised T+1 data and analytics to sophisticated capital market participants, announced that the BMLL Data Feed is available in FlexTRADER EMS. With BMLL’s Level 3 data and analytics financial institutions can leverage the predictive nature of full depth order book…

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Robinhood Markets Board expands with Jon Rubinstein, Paula Loop and Robert Zoellick
June 02, 2021 BY Steffy Bogdanova

Robinhood Markets Board expands with three new appointments

Rubinstein attended Cornell University where he received bachelor’s and master’s degree in electrical engineering. He also holds a master’s in computer science from Colorado State University. Jon Rubinstein, Robinhood’s new lead director, commented: Robinhood has transformed investing, opening up access to the markets to a generation of investors. I’m delighted to join Robinhood’s Board of…

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Forex Weekly Look Back
May 07, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: CEO Alex Pusco talks ActivTrades social trading platform development, SEC Chairman plans to tackle ‘gamification’

Canada-based payments processor, Nuvei, are rumoured to be in the process of acquiring Simplex.  This Israeli start-up company works to provide crypto companies with a fiat infrastructure. Though the acquisition is yet to be officially confirmed, there have been reports that the companies are in definitive talks surrounding a deal worth around $250 million, paid…

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SEC Chairman states plans to tackle ‘gamification’
May 06, 2021 BY Steffy Bogdanova

SEC Chairman states plans to tackle ‘gamification’

Robinhood spokeswoman Jacqueline Ortiz Ramsay said: We look forward to engaging with the SEC as they consider potential rules in these areas. As a number of SEC regulations were approved over 10 years ago, predating the huge influence of social media, the impending change will come as a huge task for the regulators. It must…

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Forex Weekly Look Back
April 23, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: CLS reports an increase in March trading volumes, Lars Gottwik leaves JFD

Robinhood has announced Christine Brown will lead its crypto division as Chief Operating Officer. At her new position, she’ll oversee all of crypto operations and compliance. Brown will also keep her current position of Robinhood Markets’ VP of Product Operations. The Crypto division is part of Robinhood’s efforts to expand access to financial services to…

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Robinhood names Christine Brown as its first Chief Operating Officer for crypto
April 23, 2021 BY Steffy Bogdanova

Robinhood names Christine Brown as its first Chief Operating Officer for crypto

Robinhood’s crypto team has more than tripled this year with new hires across engineering, security, and compliance. The online platform is also making steps towards building deposit and withdrawal features for Robinhood’s crypto product. Vlad Tenev, CEO and Co-Founder of Robinhood said: Robinhood Crypto customers are reshaping the investing landscape and Christine is going to…

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Robinhood
April 12, 2021 BY Steffy Bogdanova

Controversy for Robinhood as it fails to report fractional shares trading

The Financial Industry Regulatory Authority has been known to fine brokerages in the past for failing to report such transactions, including Deutsche Bank’s U.S. securities branch and Merrill Lynch. Regulatory filings eventually revealed that retail investors with Robinhood held a total of $802.5 million in fractional shares. These filings were divulged at the end of…

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