Monday , June 27 2022
Home / Tag Archives: robinhood (page 4)

Tag Archives: robinhood

Galileo Financial Raises $77 million after 19 Years in the Making

Photo: Galileo Financial Technologies / YouTubeA gentleman named Clay Wilkes had already decided to retire and enjoy his late years when he changed his mind – he’d rather not to. In 2000 this amazing entrepreneur launched Galileo Financial Services and already then realized the growing demand for better integration between and financial institutions and secondary services.19 years later, what his company does exactly that is the back-office connections with financial institutions and, boy,...

Read More »

Charles Schwab Brokerage Firm will Allow Investors to Trade Fractions of Stocks

Charles Schwab, a San Francisco-based bank and stock brokerage company, has announced they will allow their clients to buy and sell fractions of stocks. The initiative aims at attracting the interest of young investors to Charles Schwab and makes it the first online brokerage that offers its customers such an opportunity.The announcement follows the company’s decision to eliminate trading commissions for U.S. stocks, ETFs and options trades earlier this month, which led to other brokerage...

Read More »

Robinhood Announces Revamped Cash Management Feature With 2.05% APY

Robinhood, the financial services and stock-trading company based in California, has just announced its launch of a new feature called Cash Management. According to the announcement, the new feature which will come with a Mastercard debit card will allow its users to earn an annual percentage yield (APY) of 2.05% on all unused funds left in brokerage accounts. Users can now visit Robinhood and join a growing waitlist, to take advantage of Cash Management and reserve a debit card.In December...

Read More »

Charles Schwab Eliminates Commissions for Stock and ETF Trading

California based bank and stock brokerage firm Charles Schwab said that it is finally ending its battle in the brokerage sector. They decided they are ending commissions for online trading in U.S. stocks, exchange-traded funds, and options.Just for a reminder, in the February of this year, together with Fidelity Investments, Charles Schwab completely cut its commissions it had been charging on hundreds of their exchange-traded funds. The ongoing war was all about exciting the investors since...

Read More »

SoFi Introduces Crypto Trading for Bitcoin, Ethereum, Litecoin

California based financial company SoFi announced it added crypto trading to its fast-growing SoFi Invest platform and that the live trading will begin on next Tuesday. Among the first cryptocurrencies that will be added for trade on SoFi Invest platform are Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).As per the announcement, the idea came as a reaction to demand from its network that has more than 800,000 members. Beginning next week, SoFi Invest will become the first platform that...

Read More »

Square Testing a New Free Stock-Trading Service

Internet entrepreneur who is also the co-founder and CEO of Twitter, and the founder and CEO of Square, a mobile payments company Jack Dorsey decided to have his company’s Square Inc. trade Bitcoin on their popular Cash App. Soon, they could include the possibility to buy and sell stocks as well.According to the company, they are now testing out their Cash App feature which point is to license users to make their free stock trades. And while the exact date of its launch is still not have been...

Read More »