Future of finance is in wealth management, retail trading


  • Business
  • Wednesday, 02 Dec 2020

Equity trading - The retail brokerage market is changing. Zero commissions, Covid-19, work-from-home, and rules governing crowds have tilted risk takers away from casinos, sporting events, and gambling-and toward the U.S. financial markets.

BANKS have faced a challenging decade, with disruptive financial technology startups and low interest rates around the world placing pressure on many of their key businesses.

But many have found ways to thrive, often by creating services to move or manage money.

Here you’ll find a look at some of the areas that have seen the biggest change in the past decade, as well as a glimpse at what might come next.

Equity trading - The retail brokerage market is changing. Zero commissions, Covid-19, work-from-home, and rules governing crowds have tilted risk takers away from casinos, sporting events, and gambling-and toward the U.S. financial markets.

Retail investors historically made up 10% to 14% of the market before the advent of commission-free trading in 2013. Now they represent about 20% of the market.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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