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Fintech Focus For July 20, 2021
Monday, July 19, 2021 - 6:51pm | 1401Read More...Quote To Start The Day: “It’s not exactly like you thought it would be, you think it’s a failure. What about the spectrum of colors in between.” Source: Sara Evans One Big Thing In Fintech: In light of pandemic restrictions, retail investors, hungry for engagement with the...
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Fintech Focus For May 7, 2021
Thursday, May 6, 2021 - 6:32pm | 2177Read More...Quote To Start The Day: “Whatever you are, be a good one.” Source: Abraham Lincoln One Big Thing In Fintech: Metromile Inc, an insurance-focused fintech powered by data science and machine learning, announced Thursday it will allow policyholders the option to pay for insurance and...
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Fintech Focus For February 17, 2021
Tuesday, February 16, 2021 - 6:17pm | 2049Read More...Quote To Start The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. Source: Robert Louis Stevenson One Big Thing In Fintech: Banking is one of the key drivers of economies worldwide. Core banking typically includes deposit and loan and credit processing...
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Fintech Focus For October 8, 2020
Wednesday, October 7, 2020 - 6:07pm | 2475Read More...Quote Of The Day: It is during our darkest moments that we must focus to see the light. - Aristotle Fintech Movers: [Bank of America] said it applied for 415 patents this year for innovations regarding money transfer, bill payments, ATM transaction pre-staging, check verification using augmented...
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Fintech Focus For August 28, 2020
Thursday, August 27, 2020 - 5:47pm | 2399Read More...Quote Of The Day: Never let the fear of striking out keep you from playing the game. - Babe Ruth Fintech Movers: The US SEC approved the proposed Discretionary Limit, or D-Limit, order type from exchange operator IEX Group as three new exchanges are also slated to launch within the next month. -...
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Fintech Focus For August 13, 2020
Wednesday, August 12, 2020 - 5:20pm | 1461Read More...Daily Perspective: Accept my money, or die. - Kublai Khan Fintech Movers: I wouldn't be surprised to see exchanges charging for [crypto] data ... like exchanges used to not charge for data in U.S. equities. - Ronan Ryan Huntington selects BillGo as partner. Cash App tests new borrowing tech....
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IEX Calls It Quits In The Listing Business
Tuesday, September 24, 2019 - 9:45am | 292Read More...IEX, an equity trading venue that sought to equalize the Wall Street playing field, announced Monday that it was shutting down its listing business. The development comes after IEX failed to lure high-profile IPOs. “The legacy exchanges have a strong hold on this market and to succeed we...
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IEX Partners With Long-Term Stock Exchange To Host IPOs
Thursday, December 7, 2017 - 3:33pm | 252Read More...IEX, the startup exchange founded to combat high-frequency trading, announced a partnership Thursday with the Long-Term Stock Exchange that will offer a new method for companies to go public. The Long-Term Stock Exchange intends to vet companies for their long-term value through the form of...
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The 'Flash Boys' Stock Exchange Goes Online: Why Individual Investors And High-Frequency Traders Should Care
Sunday, August 21, 2016 - 8:23pm | 619Read More...Capital Group is one of the best-known mutual fund managers in the world, having delivered healthy returns for decades. However, over the past few years, the firm has been exploring new paths to increased profits, including the creation of a new stock exchange, the first one ever owned exclusively...
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IEX Chief: Stock Exchanges Monopolize & Overcharge For Market Data
Thursday, June 9, 2016 - 5:42pm | 366Read More...As trading revenues continue to tumble, stock exchanges have had to find new ways to earn big money. Data seems to be the key. The Boston Consulting Group has estimated “growth in electronic trading, the use of central clearing, and increased demand for market information and analytics...
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'Flash Boys' Exchange's John Ramsay Talks Off-Exchange Trading
Monday, October 20, 2014 - 4:00pm | 524Read More...John Ramsay is the chief market policy and regulatory officer for IEX, an alternative trading system that is featured in Michael Lewis’ New York Times best-seller, “Flash Boys.” Ramsay was recently a guest on Benzinga’s #PreMarket Prep, where he explained why it is...
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What You Need To Know About The Awesome New IEX Exchange
Wednesday, May 28, 2014 - 2:42pm | 1108Read More...Most experienced investors have some idea about the significant structural changes that have occurred in the U.S. equity market over the last six to seven years. Regulatory changes and new technology have opened the way for significant fragmentation in the trading of stocks. Today, there are...
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Michael Lewis' New Book: The Stock Market Is Rigged
Friday, March 28, 2014 - 3:00pm | 289Read More...Best-selling financial journalist Michael Lewis thinks that the U.S. stock market is rigged in favor of high frequency traders, stock exchanges and large Wall Street banks who utilize speed trading to gain an edge over everyone else. In his newest book Flash Boys: A Wall Street Revolt, Lewis...
