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'Trading Is An Art': Meet Stocktwits CEO Rishi Khanna At Benzinga's Fintech Deal Day
Friday, October 13, 2023 - 1:57pm | 626Rishi Khanna is the CEO of Stocktwits, a platform for hosting global conversations for retail investors and traders across all asset classes. It boasts of 6 million registered members. Last month, the platform opened avenues by launching options trading as the sector witnessed rapid growth....
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Goldman Sachs Warns Traders Of Shrinking Bonus Pool Even As Trading Revenue Rises
Saturday, December 3, 2022 - 2:29pm | 419Leading global investment bank Goldman Sachs Group Inc (NYSE: GS) recently announced a shrinking year-end bonus for traders, despite seeing its trading revenue rising this year. Goldman’s annual trading revenue is $25 billion, and analysts estimate it will outdo last year...
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What 5 Events Will Traders Be Watching This Week? 20 Dec – 24 Dec, 2021
Tuesday, December 21, 2021 - 1:33pm | 692*Please note; The author is working from UTC +13 when determining the timeline of data releases. What 5 Events Will Traders Be Watching This Week? 20 Dec – 24 Dec, 2021 Monday, December 20: China’s loan prime rate 1Y and 5Y is updated Monday afternoon. Rising costs, a slowing...
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Is Algorithmic Trading Accessible To Retail Traders?
Wednesday, September 15, 2021 - 12:33pm | 895The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Automated Markets Aren’t New Algorithmic trading isn’t new — It’s a concept that’s been in existence...
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Is It Possible To Profit From Crypto Trading Without Considering Tax Implications?
Monday, June 15, 2020 - 2:37pm | 583Traders buy the dip and sell at the peak. The ultimate premise for profitability. Investors, however, need not apply the golden rule at all times. Different horizons and projections determine divergent optimum investment strategies, due to tax-related purposes. Cryptocurrencies are an interesting...
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Morgan Stanley Trading Losses Point To Need For 'More Fundamental Changes,' Finance Professor Says
Friday, November 29, 2019 - 3:49pm | 357Morgan Stanley (NYSE: MS) showed four traders the door after they reportedly tried to hide between $100 million and $140 million in trading losses, according to Bloomberg. What Happened Four traders were fired from Morgan Stanley for allegedly mismarking securities that concealed a nine-digit...
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Cloud9 Technologies Wants To Change The Way Trading Desks Communicate
Friday, October 19, 2018 - 12:50pm | 1019The Benzinga Fintech Summit is a gathering of the top leaders in brokerage, payments and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling fintech thought leaders who are speaking at the event. For this installment, Benzinga interviewed German Soto-Sanchez,...
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The Secret To Making Money In The FX Market Can Be Found On...Twitter?
Monday, April 10, 2017 - 12:38pm | 392Ask any successful trader what their "secret" is and they will likely answer there is no magical formula to guarantee a profit. This was the commonly held belief, but apparently, this isn't the case, according to an academic paper published last month by Vahid Gholampour and Eric van Wincoop....
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'50 Cent' Trader Has Been Hoarding VIX Call Options Since December
Saturday, April 1, 2017 - 11:24am | 422The Volatility Index, also known as the "fear index," tends to do as its nickname suggests and move higher in an environment where investors are less bullish. According to a CNBC report, a trader has been hoarding call options on the Volatility Index since December. These call options...
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Traders Rush To Close Positions Before The Bell Each Day Fearing Overnight Headlines
Friday, July 8, 2016 - 8:31am | 341Stocks react to a plethora of events, but as of late, the stock market has been driven by macro events. The problem for investors is that many of these macro events are occurring outside of the United States — and in drastically different time zones. For example, U.S. equities plummeted...
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Why Is Abiomed Down 25%? Traders Say Future Growth To Blame
Thursday, October 29, 2015 - 2:33pm | 448Shares of ABIOMED, Inc. (NASDAQ: ABMD) plunged lower by more than 25 percent on Thursday. The company reported its second-quarter results and raised its fiscal 2016 guidance Thursday morning. Traders attributed the selloff to the company's growth profile losing momentum. Shares of Abiomed, a...
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Friends, Colleagues Share What Makes Art Cashin So Special
Tuesday, December 30, 2014 - 9:51pm | 685UBS Group AG (NYSE: UBS) Director of Floor Operations Art Cashin rang the opening bell for the New York Stock Exchange on Tuesday morning. It was the anniversary of his numerous years on the trading floor -- 50, to be exact. And the Street definitely noticed. Cashin told Benzinga that he...
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Win At Investing: Play Moneyball
Tuesday, April 1, 2014 - 9:52am | 794At long last Major League Baseball returns as the single best sign that spring is here and summer is close behind. As the season starts, virtually every baseball fan cannot help but daydream about jogging onto the field, making the spectacular catch or hitting the walk-off game winning home run...
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The Financial Transaction Tax Is Bad Business For Europe
Friday, October 7, 2011 - 6:20pm | 937By Robert A. Green, CPA and founder and CEO of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) A proposal for a financial-transactions tax (FTT) is now entrenched in the European Union, with proponents facing off against opponents. Debating points have been made over and...
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Traders should think of themselves as entrepreneurs. Some may want to diversify by operating more than one business.
Friday, October 7, 2011 - 6:12pm | 1703By Robert A. Green, CPA and founder and CEO of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) Traders may not realize it, but they are entrepreneurs. It's wise for traders to learn and follow entrepreneur business axioms. What counts most are bottom-line net profits and...