American Association of Individual Investors

High-Frequency Trading Market Size to Grow USD 12590 Million by 2028 at a CAGR of 11.8% | Valuates Reports

Retrieved on: 
Friday, September 15, 2023

High-Frequency Trading estimated at USD 6463.3 Million in the year 2022, is projected to reach a revised size of USD 12590 Million by 2028, growing at a CAGR of 11.8% during the forecast period 2022-2028.

Key Points: 
  • High-Frequency Trading estimated at USD 6463.3 Million in the year 2022, is projected to reach a revised size of USD 12590 Million by 2028, growing at a CAGR of 11.8% during the forecast period 2022-2028.
  • The main factor driving growth in this industry has been the competition to reduce latency and attain execution speeds at the millisecond level.
  • A fragmented market has resulted from the expansion of trading venues, including conventional exchanges, alternative trading systems (ATSs), and dark pools.
  • With a market share of roughly 50%, North America leads the world in high-frequency trading, with Europe coming in second.

High-Frequency Trading Market Size to Grow USD 12590 Million by 2028 at a CAGR of 11.8% | Valuates Reports

Retrieved on: 
Friday, September 15, 2023

High-Frequency Trading estimated at USD 6463.3 Million in the year 2022, is projected to reach a revised size of USD 12590 Million by 2028, growing at a CAGR of 11.8% during the forecast period 2022-2028.

Key Points: 
  • High-Frequency Trading estimated at USD 6463.3 Million in the year 2022, is projected to reach a revised size of USD 12590 Million by 2028, growing at a CAGR of 11.8% during the forecast period 2022-2028.
  • The main factor driving growth in this industry has been the competition to reduce latency and attain execution speeds at the millisecond level.
  • A fragmented market has resulted from the expansion of trading venues, including conventional exchanges, alternative trading systems (ATSs), and dark pools.
  • With a market share of roughly 50%, North America leads the world in high-frequency trading, with Europe coming in second.

2023 Global Retirement Index Finds Improved Retirement Security Conditions, But Most Americans Aren’t Feeling It

Retrieved on: 
Wednesday, September 13, 2023

The annual index, released today, shows improved economic conditions, mainly the result of employment growth, wage gains, and interest rates.

Key Points: 
  • The annual index, released today, shows improved economic conditions, mainly the result of employment growth, wage gains, and interest rates.
  • At the same time, many Americans are contemplating the potential threat of reduced Social Security benefits, which ranks as their top fear about retirement, the survey found.
  • The United States fell to 20th place from 18th in this year’s annual ranking of retirement security among the 44 countries in the Index.
  • Natixis IM’s report on the Global Retirement Index includes builds on findings from:

ROBERT HIGGINBOTHAM TO RETIRE FROM T. ROWE PRICE

Retrieved on: 
Tuesday, June 27, 2023

BALTIMORE, June 27, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ: TROW), announced today that Robert Higginbotham, head of Global Distribution and Global Product, plans to retire at year-end after 11 years with the firm and 33 years in the industry. Higginbotham, who also serves as chief executive officer (CEO) and chair of T. Rowe Price International, as a member of the firm's Management Committee and its subcommittees focused on strategy, compensation, and development, will be succeeded by Management Committee member Dee Sawyer. 

Key Points: 
  • BALTIMORE, June 27, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ: TROW), announced today that Robert Higginbotham, head of Global Distribution and Global Product, plans to retire at year-end after 11 years with the firm and 33 years in the industry.
  • Higginbotham, who also serves as chief executive officer (CEO) and chair of T. Rowe Price International, as a member of the firm's Management Committee and its subcommittees focused on strategy, compensation, and development, will be succeeded by Management Committee member Dee Sawyer.
  • Scott Keller, head of Americas, APAC, and EMEA Distribution, will serve as the new CEO and chair of T. Rowe Price International Ltd., and will report to Sawyer, while continuing in his current role.
  • Before joining T. Rowe Price, Sawyer held various senior leadership roles at Bank of America/Merrill Lynch and Fidelity Investments.

Investors Grow Comfortably Numb to Market Volatility, Haven’t Reset Risk and Return Expectations, Finds Natixis Investment Managers Survey

Retrieved on: 
Wednesday, June 21, 2023

Canadians remain blithely bullish on the markets and have high investment return expectations almost as if 2022 never happened, finds the 2023 Natixis Investment Managers Survey of Individual Investors, published today.

Key Points: 
  • Canadians remain blithely bullish on the markets and have high investment return expectations almost as if 2022 never happened, finds the 2023 Natixis Investment Managers Survey of Individual Investors, published today.
  • “In the decade between 2012 and 2021, even the least experienced investors looked smart in a market that delivered high returns with low risk and relatively little effort.
  • No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.
  • Natixis IM surveyed 300 Canadian investors as part of a larger global survey of 8,550 individual investors in 21 countries/territories across Asia, Europe, Latin America, and North America.

Investors Grow Comfortably Numb to Market Volatility, Haven’t Reset Risk and Return Expectations, Finds Natixis Investment Managers Survey

Retrieved on: 
Wednesday, June 21, 2023

Americans remain blithely bullish on the markets and have high investment return expectations almost as if 2022 never happened, finds the 2023 Natixis Investment Managers Survey of Individual Investors, published today.

Key Points: 
  • Americans remain blithely bullish on the markets and have high investment return expectations almost as if 2022 never happened, finds the 2023 Natixis Investment Managers Survey of Individual Investors, published today.
  • “In the decade between 2012 and 2021, even the least experienced investors looked smart in a market that delivered high returns with low risk and relatively little effort.
  • The survey found:
    64% of investors say that trying to navigate inflation has highlighted the importance of having professional financial advice.
  • No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.

T. ROWE PRICE COMPLETES ACQUISITION OF RETIREE, INC.

Retrieved on: 
Thursday, April 20, 2023

BALTIMORE, April 20, 2023 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today announced it has completed the acquisition of Retiree, Inc., a fintech firm that offers innovative retirement income planning software.

Key Points: 
  • BALTIMORE, April 20, 2023 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today announced it has completed the acquisition of Retiree, Inc., a fintech firm that offers innovative retirement income planning software.
  • "We are thrilled to have completed this acquisition and look forward to welcoming the Retiree, Inc. associates and clients to T. Rowe Price.
  • Combining our strengths in retirement will allow us to bring new solutions to clients to deliver improved retirement outcomes," said Phil Korenman, head of Individual Investors at T. Rowe Price.
  • With the closing of the transaction, Retiree Inc. associates will join T. Rowe Price, and William Meyer will report to Phil Korenman.

Charles Schwab Ranks #1 in J.D. Power 2023 Full-Service Investor Satisfaction Study℠

Retrieved on: 
Tuesday, April 4, 2023

Schwab Intelligent Portfolios® and Schwab Intelligent Portfolios Premium® are made available through Charles Schwab & Co. Inc. (“Schwab”), a dually registered investment advisor and broker dealer.

Key Points: 
  • Schwab Intelligent Portfolios® and Schwab Intelligent Portfolios Premium® are made available through Charles Schwab & Co. Inc. (“Schwab”), a dually registered investment advisor and broker dealer.
  • Schwab Asset Management is the dba name for CSIM, a registered investment adviser and an affiliate of Charles Schwab & Co., Inc. ("Schwab").
  • If you are not completely satisfied for any reason, at your request Charles Schwab & Co., Inc. (“Schwab”), Charles Schwab Bank, SSB (“Schwab Bank”), or another Schwab affiliate, as applicable, will refund any eligible fee related to your concern.
  • The Connection service includes only accounts managed by Charles Schwab Investment Management, Inc., an affiliate of Schwab.

T. ROWE PRICE TO ACQUIRE RETIREE, INC., BOLSTERING RETIREMENT INCOME CAPABILITIES

Retrieved on: 
Thursday, March 30, 2023

BALTIMORE, March 30, 2023 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today announced a definitive agreement to purchase Retiree, Inc., a fintech firm that offers innovative retirement income planning software. Terms of the deal were not disclosed; the transaction is expected to close during the second quarter of 2023, subject to satisfaction of certain closing conditions.

Key Points: 
  • "Combined with our investment capabilities, we believe Retiree, Inc.'s retirement income technology will help millions of Americans confidently prepare, save for, and live in retirement," said Dee Sawyer, head of Retirement Plan Services and U.S.
  • Retiree, Inc. and T. Rowe Price share the passion and understanding that increasing the longevity of a retirement income strategy is critical to improving retirement outcomes for Americans."
  • Retiree, Inc.'s retirement income planning software complements and expands T. Rowe Price's existing retirement capabilities to create a more comprehensive suite of retirement income solutions for investors and practitioner tools for financial professionals.
  • T. Rowe Price shares our commitment of helping more investors extend their retirement resources and be more confident in retirement."

DONATEPR.COM AND HOME IS PUERTO RICO INCREASE AWARDS OF 2022 YEAR-END CHARITY CHALLENGE

Retrieved on: 
Thursday, December 29, 2022

San Juan, Puerto Rico, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Home Is Puerto Rico and DonatePR.com are happy to announce the increase amount in the prizes to be awarded in the DonatePR.com YEAR END Charity Challenge ending December 31st, 2022 at 6:00 PM (PR Time/18:00 AST).

Key Points: 
  • San Juan, Puerto Rico, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Home Is Puerto Rico and DonatePR.com are happy to announce the increase amount in the prizes to be awarded in the DonatePR.com YEAR END Charity Challenge ending December 31st, 2022 at 6:00 PM (PR Time/18:00 AST).
  • As of today, over $150,000 have been given to qualifying NGOs, using DonatePR.com, through the 2022 Year End Charity Challenge that stared last December 1st.
  • Annie Mustafa, Founder of Home is Puerto Rico, mentioned that “the Year End Charity Challenge is a way to help qualifying NGOs get a last-minute boost to their donation efforts”.
  • She added that this is the second year Home Is Puerto Rico partners with DonatePR.com in the Charity Challenge.