The Austrian Financial Market Authority (FMA) has launched an investigation into Raiffeisen Bank International (RBI). The focus is on possible deficiencies…
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Mostly young and inexperienced investors are flocking to fractional share trading platforms and the social media that surrounds them.
Young and inexperienced investors are flocking to trendy new “fractional” trading platforms to buy and sell shares with ease, but, as with any type of investing, the services do not come without risk, experts say. Share-trading platforms, such as Sharesies and Hatch, let users buy a fraction of a share in listed companies and funds, meaning investors can take a punt on the sharemarket with smaller investments than traditionally required. Their user-friendly apps and small fees also make investing more accessible, with less admin involved than has historically been the case. The rise in these platforms has also resulted in a proliferation of social media pages where investors go to discuss anything stock-related from share prices to tax obligations.