trading

FTX, a cryptocurrency exchange, rejected a Bloomberg News story that said the business was in talks with Robinhood but had yet to make an offer.

Large Wall Street banks have been running “war game” drills in their trading businesses and preparing clients for unexpected scenarios around next week’s elections, hoping to avoid

Goldman Sachs has seen two employees test positive for COVID-19 in the last two weeks — just as the megabank has begun to prod workers back into the office, sources told The Post. One of the cases appears to have affected Goldman’s trading operation, and the bank has sent some workers in that division home …

Robinhood Markets faces a probe by the Securities and Exchange Commission over its early failure to fully disclose its practice of selling clients’ orders to high-speed traders, the Wall Street Journal reported Wednesday. The investigation is at an advanced stage and the company could pay a fine exceeding $10 million, the report added, citing people …

Macy’s just put mall owners on notice. Over the next two years the largest department store in the world will build new, smaller stores outside of malls, chief executive Jeff Gennette said on an earnings call. “We continue to believe that the best malls in the country will thrive. However, we also know that Macy’s …

Love it or hate it, Robinhood is now worth more than $11 billion. The controversial trading app announced on Monday that it raised a new $200 million round of funding that now values the startup at $11.2 billion. Robinhood’s newest windfall, its second major round this year, comes months after the app and its more …

The 1990s were simpler times. The news was dominated by Bill Clinton’s various sexual escapades, but also a bubble in internet-related stocks that was partly fueled by the democratization of stock trading. The latter inflated the stock market generally, and if you’re old enough to remember, pretty much crashed it. Newbie investors took the brunt …

Mom-and-pop investors spending their stimulus checks on no-fee trading apps like Robinhood weren’t all winners in the June rally they fueled, but one Wall Street firm that executed their trades appears to have made out big. Virtu Financial, a $10 billion Manhattan-based provider of trading services, announced gangbuster trading income on Friday, which Wall Streeters …

Read More: Sens. Dianne Feinstein, Jim Inhofe made stock trades before Chinese virus pandemic: report Dow jumps 1,500 points as investors await $2 trillion coronavirus package Wall Street cheers L Brand’s plan to close 250 Victoria’s Secret stores Stock market leaps on cheery jobs report, with Nasdaq inching toward record high

The Covid-19 pandemic has become—unfortunately—a politicized arena as the United States and China compete over narratives and global influence. While both countries have continued to peddle arguments that blame the other party for the virus outbreak, Beijing has also actively employed economic diplomacy to portray itself as a magnanimous great power. As countries scramble to …