There is a lot of the hype around “democratising Wall Street”. In this 4-part series we look at what is needed to really democratize Wall Street and why that is so important. Some subjects are too complex for our short attention spans, so we do 4 posts one week apart, each one short enough not…
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Here is the dirty secret of Wall Street – brokers make money even when you lose. As long as you trade a lot they win – even if their service is “free”. They make very little money off you if you make few trades a year – even if you make a ton of money…
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This article is written by guest author Jack Wright. All opinions expressed here are his. Daily Fintech very seldom looks at one-off guest posts and never look at ones that are promotional. However this one caught my eye as a) Greensill is such a big complex story b) I was keen to get the perspective…
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Coinbase Market Cap was listed incorrectly and all major news sources reported this bad data as fact. Bear with me while I go a bit nerdy to explain how and why all these trusted sources got it so badly wrong. $25 billion difference is a big mistake. This is NOT about the trading price per share.…
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Nerdy headlines like that will get me a stern lecture from our CMO about the need to generate more page views from clickbait. In what seems like an eon ago (on 3rd March 2021), I wrote in 4-parter on Coinbase “IPO” – Part 1 = 5 Reasons Why It Matters “The Coinbase “IPO” (actually a…
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