Read news about investment accounts and trading providers. Our news covers fintech developments within the investment industry so investors and traders can make more of their money.
WU Shop helps Western Union take aim at the online shopping market Financial services providers are branching out into online shopping with money transfer provider Western Union’s launch of a digital platform for shoppers in Germany and Austria. Read our full Western Union review here What is WU Shop? The WU Shop is aimed at
Western Union launches WU Shop Read More »
An announcement from investing platform Freetrade that now has £1bn in client funds shows that it continues to expand its low-cost share dealing business even as the UK economy reopens and workers head back to the office. Freetrade now has £1bn assets under administration Freetrade, the commission-free share dealing and stockbroking service has reached an
Freetrade now has £1bn client funds on depost! Read More »
Exchange operator the CBOE has announced the introduction of a new class of derivatives aimed specifically at retail investors and traders. The new instruments, which will be known as Nanos are options with much smaller contract sizes, and they will launch in the first quarter of 2022. For more information on options trading, compare options
The CBOE targets retail traders with the announcement of Nano Options Read More »
Customers of the second-largest online investing platform will be automatically opted into voting at AGMs. Customers of Interactive Investor, until now have had an option to opt into an online capability which allows you to vote in AGMs. Now, though, they are providing a free service which automatically opts investors into voting in the AGMs
Interactive Investor makes it easier for investors to vote at AGMs Read More »
PrimaryBid, which is backed by the London Stock Exchange, and is best known for making equity IPOs and placings accessible to UK retail investors, has turned its attention to the world of bonds. Another area of the financial markets in which UK retail clients find it hard to participate, both in the primary, and indeed
PrimaryBid now offers bond new issues and IPOs Read More »
The FCA’s InvestSmart will aim to provide information for this new breed of young investors who are being encouraged to take on high-risk investments. A new survey from the FCA finds that hype and a desire to outshine their peers are driving young investors to look for more high-risk options. The finding comes as the
FCA’s InvestSmart aims to stop new investors being scammed by social media Read More »
London based commission-free stockbroking startup Freetrade passed an important milestone this week having signed up its one-millionth UK user. Freetrade launched in 2018, with the ambition of democratising share trading and removing high fixed costs, such as commission that deterred many smaller first time investors. The business has grown steadily since then both in terms
Freetrade hits the million user mark Read More »
Online savings and investment platform Moneybox announced an interesting appointment this week with news that Laurel Powers-Freeling will join the company as an independent non-executive director. Powers-Freeling is probably best known as the former head of Marks Spencer’s Financial services. A business she helped found and launch in 2004. Though that is just one entry
Moneybox adds an experienced non executive director to bolster its IPO hopes Read More »
Online pension provider, PensionBee, has reported a big jump in losses for the first half of the year, so why do they still look so cheerful? It was good news and bad news for online private pension provider PensionBee. On the downside, there was a 145% leap in pre-tax losses and a drop in its
PensionBee’s customer base tops 500,000 but losses increase Read More »
Margin Trading and Spread Betting broker CMC Markets recently announced an acquisition. It is buying the share trading business, it has run in conjunction with Australia’s ANZ bank, for several years. CMC Markets provided online share dealing and investment services to the clients of ANZ, through a white-labelled technology partnership. CMC Markets will now assume
CMC Markets increases focus on longer-term investment products Read More »
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