Trading

Banking

Wall Street’s Trading Assets Cross $1 Trillion

Photo by Chenyu Guan via Unsplash

It’s got to be at least a yellow flag whenever 2008 — the height of the Great Recession — is your point of reference, no?

2 min read

Photo by David Vives via Unsplash

Markets

The NYSE Wants to Go 22/5 on Its Arca Exchange

The NYSE said Friday that it plans to extend trading hours for equities on its electronic Arca exchange to 22 hours on weekdays.

2 min read

Photo by Nokia621 via CC BY-SA 4.0

Big Tech

Zuckerberg to ‘Move Out’ Meta’s Low Performers by Axing 5% of Workforce

It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.

2 min read
Photo by Jake Walker via Unsplash

Advisor Upside

AI’s Coming for Wall Street Jobs

Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.

2 min read
Photo by Jason Briscoe via Unsplash

Advisor Upside

Vanguard Flips the Script on 60/40 Rule

The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.

2 min read

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