by Brian Chappatta, Bloomberg.com | May 18, 2021 | AlphaTack Intel
The jokes almost write themselves: Fidelity Investments will now allow 13- to 17-year-olds to open investing accounts (as long as their parents are clients). Angsty teenagers in the financial markets — what could possibly go wrong? I can’t believe I’m saying this, but...
by Matthew Leising, Bloomberg.com | May 17, 2021 | AlphaTack Intel
The lender is the largest addition so far to the Paxos system Potential for real-time settlement threatens DTCC’s dominance Bank of America Corp. joined the network created by Paxos Trust Co. to settle stock trades in minutes rather than days by using blockchain,...
by Michael Markowski | May 8, 2021 | AlphaTack Intel
The “VixVortex” was discovered as a result of recently completed studies on market volatility and the CBOE’s empirical data for the VIX from 2002 to 2021. The fourth VixVortex for the S&P 500 is currently in progress. The minimum to maximum...
by Yvonne Yue Li and Thomas Biesheuvel, Bloomberg.com | May 7, 2021 | AlphaTack Intel
Copper soared to a fresh all-time high as optimism about a global rebound from the pandemic boosts commodities markets. The metal — an economic bellwether — is front and center in a rally that’s driven raw materials from lumber to iron ore to multiyear...