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NYSE president Stacey Cunningham says the stock market is not a casino - and exchange officials have not been asked to testify at the upcoming GameStop hearing - Vimarsana News

NYSE president Stacey Cunningham says the stock market is not a casino - and exchange officials have not been asked to testify at the upcoming GameStop hearing

NYSE president Stacey Cunningham told Axios in a recent interview that investing in the stock market does not resemble gambling. "The markets are not a casino," she told Axios' Dan Primack. "They are highly regulated and they're highly overseen. We are running a market that provides opportunities for investors to come in, invest in the companies they believe in, they believe that are gonna grow, and then share in that wealth creation." Senator Elizabeth Warren last month slammed hedge funds and investors who criticized traders driving up GameStop for treating the stock market like a casino...

Reddit traders' failed war on Wall Street proved the system is rigged - Vimarsana News

Reddit traders' failed war on Wall Street proved the system is rigged

Andadolu Agency/Getty Images Reddit day traders tried to beat Wall Street at its own game to prove the system is rigged. Instead, brokerages locked them out and their holdings tanked, while some hedge funds still won big. Experts said Wall Street's reaction showed just how high the deck was stacked against small investors. Keith Gill, the day-trading member of the Reddit group Wall Street Bets who is widely credited with igniting the recent GameStop trading frenzy, claimed in late January that he had turned his $54,000 investment into a $48 million fortune. Days later,...

Robinhood protesters threw dog feces and vandalized statue at the company's headquarters over GameStop fiasco - Vimarsana News

Robinhood protesters threw dog feces and vandalized statue at the company's headquarters over GameStop fiasco

Some protesters vandalized Robinhood's headquarters in Menlo Park, California, according to police. Robinhood security said people threw dog feces and harassed

The Reddit-fueled GameStop rally is reportedly under federal investigation for possible market manipulation - and Robinhood has been subpoenaed - Vimarsana News

The Reddit-fueled GameStop rally is reportedly under federal investigation for possible market manipulation - and Robinhood has been subpoenaed

Federal regulators and prosecutors are probing the GameStop trading phenomenon, The Wall Street Journal reported. Authorities are investigating whether the

A quant fund is looking to hire high-ranking Wall Street Bets members as traders - and says a 'refined taste for memes' will help candidates - Vimarsana News

A quant fund is looking to hire high-ranking Wall Street Bets members as traders - and says a 'refined taste for memes' will help candidates

» A quant fund is looking to hire high-ranking Wall Street Bets members as traders - and says a 'refined taste for memes' will help candidates A quant fund is looking to hire high-ranking Wall Street Bets members as traders - and says a 'refined taste for memes' will help candidates Isabelle LeeFeb 10, 2021, 00:56 IST REUTERS/Dado Ruvic/Illustration/File Photo Cindicator Capital is currently looking for a sentiment trader to join their New York-based company, Bloomberg first reported. A crucial requirement: The applicant must be a high-ranking and active member of the notorious Wall Street ...