Tag: traders
-
Crypto punters vent online over WazirX payment snag
Considering that Saturday morning many traders couldn’t place bets on India’s largest crypto-currency trade WazirX as they were not able to transfer funds to the bourse.Annoyed punters took to societal websites and reached out to the exchange, WazirX which stated that the delay in accepting funds was due to a”network issue at our banking partner’s…
-
The 4 Business Moguls Cheering For ‘The Little Guys’ In The GameStop Fiasco
Wall Street is still reeling after amateur investors poured money into stocks heavily shorted by multiple hedge funds. Many financiers were not thrilled about amateur investors’ discovery of speculative trading. Omega Advisors CEO Leon Cooperman told CNBC that GameStop traders “have no idea what they’re doing.” Though many wealthy Americans familiar with the financial markets…
-
Amateurs beat Wall St pros at their own game
The GameStop incident has caught the attention of markets, regulators and governments worldwide. It has been a classic financial power tussle between a swarm of amateur traders and the influential hedge funds, in which the former emerged victorious. ET looks at what transpired:WHAT IS THE GAMESTOP EPISODE ALL ABOUT?It revolves around an NYSE listed video…