Report reveals Big Tech remained on top, Crypto markets soared, and The Retail Investing (re)Evolution is here to stay
DriveWealth, LLC, a pioneer in fractional investing and embedded finance, today released new research highlighting trends in retail investing around the globe during 3Q21. The report is based on aggregated data from millions of retail investors around the world who trade fractional shares of U.S. equities through DriveWealth’s network of 100+ global partners, including Revolut, MoneyLion, and Stake, among others.
Key findings from the report include:
“Once again, 95% of trades placed on the DriveWealth platform in 3Q21 had a fractional component. This is a powerful statistic, as it suggests our platform offers retail investors the ability to place orders in notional amounts, rather than share amounts, so they can trade in terms they understand – whether that’s $1 or 100 rupees,” said Bob Cortright, founder and CEO of DriveWealth. “As we continue to expand our services internationally, we look forward to continuing to level the playing field for retail investors across all regions and segments.”
Top traded symbols
DriveWealth, the pioneer of fractional equities trading and embedded investing, is a visionary technology company that empowers more than 100 partners around the world to engage their customers by placing the markets in the palm of their hand. We believe the future is fractional, transactional and mobile. Every mobile device should be a gateway to accessing investing and savings products, services, advice, and assistance for global citizens of all ages, wealth stages, and levels of financial expertise. DriveWealth’s unparalleled consultative support and cloud-based, industrial strength technology platform allow partners to seamlessly offer branded investing experiences to drive customer acquisition, loyalty, retention, and revenue growth. DriveWealth’s commitment to continuous evolution and innovation makes it the partner of choice for powering the future of investing. For more information, please visit drivewealth.com or connect with us on Twitter @DriveWealth.
Emily Baldwin, DriveWealth