After 6 years of continuous stock rally, wealth management firms now have a "proof of performance" and apps start to pop up like mushrooms
This article is written by Søren Beissenherz Lanng who is the founder and CEO of TickCOM.
The market for financial apps is growing rapidly, pushing financial trading to the crowd. Wealth management was in the past regarded as a niche market within financial trading, focused at attracting private potential investors and their pension.
Evening meetings with free dinner, and a presentation of wealth management, the past results of the wealth management firm. Past results and a documented performance is in many markets necessary to present wealth management offerings.
After a period of now 6 years of continuous stock rally across about all markets, those wealth management firms now have a "proof of performance", and start to pop up like champignons in the markets - including the app market.
Who pays the price?
Stock rallies in the high investment timeframe continue till there are no more buyers, historically it is the retail investor who pay the "dinner", being the buyer coming in at the end of the rally.
However, this time it's different, this time it is not a narrow segment of private pension money fueling the last "leg" in the stock rally, but the crowd spanning from any person knowing how to operate an app. The present stock rally is longer than we would normally anticipate, and could be caused by the crowd is now participating in the "dinner".
The markets have been trading sideways now since New Year, and Gold has been sideways for 9 months. Is this a gigantic distribution we are seeing, a sector rotation coming up, or a pause till the financial apps and the crowd push the market into one leg more? Few have an answer to this question, but one thing is for sure, if the market took the stairs up, it will take the elevator down - the "impulse" will be proportional to the length and the amount of users/money participating in the rally.
What can we expect to see in the next market crash? Comparing with the past events, wealth management companies will go bankrupt, investors wake up and see or all is gone, or if they are lucky 80% lost. We can expect to see that funds have disappeared, people have disappeared, and management put to trial and in jail. We may expect to see open positions without a stop. We may even expect a similar scenario as the CHF flash crash, where there are no buyers in the market, only sellers.
We may expect new financial regulations, and capital requirements - perhaps even regulations as to financial apps, the steps a user has to take in order to engage a wealth management contract.
When and how this is going to happen, time and the charts will tell - we should not be fooled by bullish patterns forming on the weekly charts, usually the market gets several chances to get out of their positions, but when the past was usual, the next might not be so, especially when the crowd is part of the "dinner".
This article is part of the FinanceMagnates Community project. If you wish to become a guest contributor, pleaseapply here.
This article is written by Søren Beissenherz Lanng who is the founder and CEO of TickCOM.
The market for financial apps is growing rapidly, pushing financial trading to the crowd. Wealth management was in the past regarded as a niche market within financial trading, focused at attracting private potential investors and their pension.
Evening meetings with free dinner, and a presentation of wealth management, the past results of the wealth management firm. Past results and a documented performance is in many markets necessary to present wealth management offerings.
After a period of now 6 years of continuous stock rally across about all markets, those wealth management firms now have a "proof of performance", and start to pop up like champignons in the markets - including the app market.
Who pays the price?
Stock rallies in the high investment timeframe continue till there are no more buyers, historically it is the retail investor who pay the "dinner", being the buyer coming in at the end of the rally.
However, this time it's different, this time it is not a narrow segment of private pension money fueling the last "leg" in the stock rally, but the crowd spanning from any person knowing how to operate an app. The present stock rally is longer than we would normally anticipate, and could be caused by the crowd is now participating in the "dinner".
The markets have been trading sideways now since New Year, and Gold has been sideways for 9 months. Is this a gigantic distribution we are seeing, a sector rotation coming up, or a pause till the financial apps and the crowd push the market into one leg more? Few have an answer to this question, but one thing is for sure, if the market took the stairs up, it will take the elevator down - the "impulse" will be proportional to the length and the amount of users/money participating in the rally.
What can we expect to see in the next market crash? Comparing with the past events, wealth management companies will go bankrupt, investors wake up and see or all is gone, or if they are lucky 80% lost. We can expect to see that funds have disappeared, people have disappeared, and management put to trial and in jail. We may expect to see open positions without a stop. We may even expect a similar scenario as the CHF flash crash, where there are no buyers in the market, only sellers.
We may expect new financial regulations, and capital requirements - perhaps even regulations as to financial apps, the steps a user has to take in order to engage a wealth management contract.
When and how this is going to happen, time and the charts will tell - we should not be fooled by bullish patterns forming on the weekly charts, usually the market gets several chances to get out of their positions, but when the past was usual, the next might not be so, especially when the crowd is part of the "dinner".
This article is part of the FinanceMagnates Community project. If you wish to become a guest contributor, pleaseapply here.
Devexperts Teams Up with nuam Exchange to Boost Equity and Derivatives Trading
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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