Why Wealthsimple Refuses to Restrict Trading

Why Wealthsimple Refuses to Restrict Trading

Assessment

Interactive Video

Business

University

Hard

Created by

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The video discusses the recent surge in retail trading, driven by stocks like GME and AMC, and the impact of COVID-19 on the industry. It highlights the importance of educating investors about risks, the democratization of financial markets, and the need for regulation. Wealthsimple's approach to providing a safe trading platform without margin or options is explained, along with their entry into cryptocurrency trading. The video emphasizes responsible investing and the potential of new financial technologies.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks associated with new investors using options and margin trading?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the approach Wealthsimple takes towards introducing new investment tools.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does education play in the context of cryptocurrency trading as discussed in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the text suggest that investing requires thoughtfulness?

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