Stocks

Meme stock traders took their latest cues from a cryptic tweet and favorable short-seller report.

The Depository Trust & Clearing Corporation is offering a blueprint for speeding up the settlement process.

Naked short selling is one possible cause.

Both were adamant with House Democrats that their businesses have helped small-time investors access markets that were long the domain of Wall Street.

In the early part of the last decade, critics’ angst focused on how dark pools were siphoning business from Wall Street. Then came the pandemic.

New account signups at the Chinese-owned brokerage were 1,548% higher than the seven-day average in January.

So far this month, an average of 99 billion shares in companies that don’t trade on classic exchanges have changed hands each day.

A merger would value Apex and Northern Star Investment Corp. II at as much as $5 billion, a personal familiar with the matter said.

With its latest plans, the firm aims to become the world’s next financial super-app, akin to Chinese giants Alipay and WeChat Pay.

While getting a rules overhaul through a bitterly divided Congress won’t be easy, analysts, consumer advocates and experts say changes may be on the table.

Behind every trade lies risk. Advisors should consider their partners carefully.

Growth, quality and low-volatility stock funds had one of their worst months of flows on record, while those tracking value had one of their best.

Regulators and Washington policy makers are sure to up scrutiny once the dust settles on the market turmoil that has buffeted GameStop and others.

The margin requirements apply to Merrill Lynch wealth management clients and individual traders using the Merrill Edge platform.

Robinhood Markets, the trading app that’s popular with investors behind this month’s wildest stock swings, has drawn down some of its credit lines with banks, according to people with knowledge of the matter.

Reddit users helped fuel a blistering rally in GameStop, the video game retailer, burning short sellers and hedge funds.

“As of today, Wells Fargo Advisors is not allowing solicitation of those two securities,” a spokesperson for the bank said Wednesday.

The firm said high volume may have curtailed access to its mobile app and urged clients to use its other platforms.

The pending nominations send a clear signal that the rule-cutting and lax enforcement the industry has grown accustomed to under President Trump are over.

For investors, Biden represents an attitude shift from the era of Trump, who famously made the Dow a barometer of his success.