The Financial Industry Regulatory Authority (FINRA) recently voted to overhaul the Pattern Day Trading (PDT) rule, which required a $25,000 minimum account balance to execute four or more same-day trades in five business days. The new rule, pending final approval by the SEC, would shift to a standard intraday margin framework. This could unleash a retail trading boom, boosting volumes in volatile penny stocks and the platforms enabling them. While penny stocks may see action, brokerages and retail favorites ...

A股市场大小盘指数分化，科技成长风格占优。上证指数早盘低开后震荡回升，午间收涨0.4%报 3878.13点，日线延续近期震荡上行态势；深证成指涨0.31%，创业板指振幅加大最终微涨0.06%，科创 50指数大涨2%，刷新近四年新高，半导体板块贡献主要涨幅。全市场超2900只个股上涨，涨停个股集 中在存储芯片、有色金属等领域，主力资金呈现向科技成长板块聚集的特征。 港股市场呈现"科技强、周期弱"的分化格局，恒生指数微跌0.1%报26596.9点，恒生科技指数涨0.55%报 6358.85点，半导体与生物医药板块成为主要支撑力量，而能源业指数下跌1.67%拖累大盘表现。 A股市场科技与资源板块形成领涨梯队。存储芯片概念全线爆发，板块内多股涨停，行业涨价预期与国 产替代逻辑持续强化；半导体板块全面走强，板块内多股大涨续创历史新高，AI芯片与先进制造需求 成为核心驱动力。有色金属板块领涨两市，板块内多股涨停，受益于新能源产业链需求旺盛及全球大宗 商品价格反弹，叠加国家发改委新型政策性金融工具支持，上游资源品受到资金青睐。锂电产业链保持 强势，板块内多股连板，储能与动力电池需求支撑板块延续热度。 今日A股市场在节前最后 ...

中国基金报记者 莫琳 伴随着证券行业数智化转型、财富管理转型进入"深水区"，证券行业人才需求旺盛。9月以来，各大券 商纷纷启动2026届校园招聘，以最大诚意吸引人才。 截至目前，包括中信证券、中金公司、中国银河证券在内的超20家国内券商发布了2026校园招聘公告， 还有高盛、摩根士丹利、野村证券、Point72、Jane Street等知名国际金融机构也在国内各大高校开启"抢 人模式"。 "缺乏相关工作经验" 成应届生软肋 金融科技岗仍然是重中之重。中信证券的招聘海报上排列首位的就是AI、QUANT和FinTech，其次是产 品销售、投行等一线业务岗位。 据了解，相比于往年，中信证券今年对金融科技类岗位的要求提高不少。例如，AI岗要跟踪最新AI技 术，并根据业务做相关场景的研发；QUANT岗要用数据模型预测量化投资，FinTech岗负责业务系统的 开发和平稳运行。虽然以计算机为代表的理工类专业都能投，但有技术经验和实践项目经历的学生更受 青睐。 广发证券则采用"以赛代选"的创新机制，已正式启动"2026届Fintech校园招聘暨Quant & AI挑战赛"，从 中选拔"技术大神"。虽然报名时间截至10月24日 ...

By Suzanne McGee (Reuters) -Fidelity Investments is rolling out a major upgrade to its trading platform on Thursday to meet the rapidly growing demand for new tools by self-directed individual investors. The new Fidelity Trader+ platform will offer real-time analytics, customizable charts and other features to the firm's most active traders, a fast-evolving and growing group of individuals whose activity increasingly shapes the market. "These are some of our better customers in terms of engagement and a ...

Group 1 - Hong Kong's financial sector is facing significant disruptions due to Super Typhoon Ragasa, with major banks like Goldman Sachs, Morgan Stanley, and HSBC advising employees to work from home [1][2] - The Hong Kong stock exchange's new policy to keep trading open during severe weather is being tested, as the Observatory issued the highest storm warning, signal No. 10, indicating hurricane-force winds [2][6] - Many financial professionals are seeking hotel accommodations close to their offices to avoid long commutes, with hotels like the Mandarin Oriental and Four Seasons experiencing high occupancy rates [3][4] Group 2 - The storm has led to the cancellation of in-person conferences and forums, pushing events online, while loan bankers are working to finalize paperwork to keep transactions moving [5][6] - The trading debut of Zijin Gold International Co., aiming to raise $3.2 billion, may be delayed due to the storm, affecting retail investors' ability to place orders [6] - Market activity has slowed, with clients hesitant to make trading decisions until the storm passes, reflecting a cautious approach in the financial sector [7]

Morgan Stanley is taking a significant step into the digital asset space by bringing crypto trading to its E*Trade platform. The new service is expected to go live in the first half of 2026, giving millions of retail investors direct access to popular cryptocurrencies. The initiative is made possible through a strategic partnership with Zerohash. This company provides the underlying infrastructure for digital asset services. According to a report from Reuters on Sept. 23, the platform will initially allow ...

Group 1 - China's securities regulator, the China Securities Regulatory Commission (CSRC), has instructed brokerages to pause their real-world asset (RWA) tokenization business in Hong Kong, reflecting a cautious stance from Beijing as the city advances its digital-asset initiatives [1][5] - The CSRC's guidance is aimed at managing risks and ensuring that only "strong, legitimate businesses" engage in RWA activities [3][6] - The RWA tokenization process involves converting regulated assets like bonds, equities, and real estate into blockchain-based tokens, which has gained traction in Hong Kong following the Securities and Futures Commission's (SFC) roadmap for virtual assets [3][4] Group 2 - The SFC has initiated a stablecoin licensing regime, attracting interest from approximately 77 firms, indicating a push towards establishing Hong Kong as a global hub for virtual assets [4] - Despite the advancements in tokenization and stablecoin licensing, Beijing maintains strict restrictions on crypto trading and mining since 2021 [5] - Observers interpret the CSRC's actions as a cautious approach to integrating tokenized assets with capital markets, particularly in cross-border contexts [6][7]

Group 1 - China's securities regulator has instructed some brokerages to pause their real-world asset (RWA) tokenization businesses in Hong Kong to enhance risk management [1][2] - At least two brokerages have been advised against conducting any RWA business offshore, indicating regulatory scrutiny [1] - The guidance reflects concerns from Beijing regarding Hong Kong's development of a digital asset market, especially after China's ban on cryptocurrency activities in 2021 [2] Group 2 - Several Chinese companies, including brokerages, have recently launched RWAs in Hong Kong, highlighting the region's growing digital asset landscape [2] - Hong Kong operates under a distinct financial system separate from mainland China, as part of the "One Country, Two Systems" framework [3]

Core Viewpoint - China's securities regulator has advised local brokerages to pause their real-world asset (RWA) tokenisation business in Hong Kong, indicating concerns over the rapid growth of the digital assets market offshore [1][2]. Group 1: Regulatory Guidance - The China Securities Regulatory Commission (CSRC) has provided informal guidance to at least two leading brokerages to refrain from conducting RWA business offshore [2][6]. - The regulatory guidance aims to enhance risk management in the new business and ensure that companies' claims are supported by legitimate businesses [3][4]. Group 2: Market Context - The RWA tokenisation process involves converting traditional assets like stocks, bonds, and real estate into digital tokens on a blockchain [2]. - The global RWA market is valued at approximately $29 billion, with projections suggesting it could exceed $2 trillion by 2030 [5]. Group 3: Hong Kong's Position - Hong Kong has been working to establish itself as a digital assets hub, with various firms, including Chinese brokerages, preparing for virtual asset trading and management [3][5]. - The Hong Kong Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) are reviewing the legal framework for RWA tokenisation, drawing on international experiences [5].

Core Viewpoint - Robinhood Markets Inc. is launching Robinhood Ventures Fund I (RVI) to provide retail investors access to private companies before they go public, aiming to democratize investment opportunities traditionally available only to wealthy individuals [1][3]. Group 1: Fund Overview - RVI is a closed-end fund managed by Robinhood Ventures DE LLC, designed to give retail investors exposure to private firms, particularly in the technology sector [2]. - Once approved, RVI shares will trade on the New York Stock Exchange under the ticker RVI and will be accessible through various brokerages, including Robinhood Financial [2]. Group 2: Market Context - The initiative addresses the significant decline in U.S. public companies, which decreased from about 7,000 in 2000 to roughly 4,000 today, while the value of private companies has surged to over $10 trillion [3]. - By creating a publicly traded fund, Robinhood aims to bridge the gap for small investors to access a growing market that has been largely inaccessible [4]. Group 3: Investment Strategy - The fund will focus on a concentrated portfolio of private companies at the forefront of their industries, with a long-term investment strategy that continues through IPOs and beyond [4]. - This strategy is similar to Robinhood's earlier initiatives in Europe, where it introduced private tokenized stocks to allow EU customers to invest in notable private companies like OpenAI and SpaceX [5]. Group 4: Recent Developments - The announcement follows Robinhood's recent inclusion in the S&P 500 Index, which positively impacted its share price in after-hours trading [6].