And another one....soon zero fee trading becomes the world standard, looking at Beta vs alfa to make money with little to none margins you need massive volumes, so dont expect that all these players will be able to succeed.
Square Inc. has been working to simplify mobile payments, and now it’s trying to do the same with buying stocks. The San Francisco-based company’s Cash App announced in a series of tweets Thursday that it is giving its users the ability to buy and sell stocks, with zero fees. Cash App Investing will offer fractional purchases, where investors can buy small or set amounts — say, $20 in Berkshire Hathaway Inc. said the feature is meant to lower the barrier for investing, and that it’s aimed at younger investors who are getting started at playing the market. It will offer just basic buying and selling of stocks and ETFs, as opposed to more complex trades such as option margins.