Robo Adviser Betterment Slow to Explain Policy on Trading Halts

Celent will help qualify your requirements and introduce you to the vendor
Spotted a missing vendor? Use this form to alert a vendor to the Celent service
Create a vendor selection project & run comparison reports
Register to access this feature
Click to express your interest in this report
Indication of coverage against your requirements
Vendor requires PRO subscription to activate this feature
Requires research subscription, contact Celent for more info
7 September 2016
The Wall Street Journal

Firm halted trading during the market turmoil in June after the Brexit vote

More than two months after Betterment LLC suspended all trading for 2½ hours during the post-Brexit market turmoil, users of the robo adviser’s institutional services say they haven’t received clarification over the policies.

Financial advisers and other institutional customers were told on June 24, in the aftermath of the U.K.’s vote to exit from the European Union, they would receive more information within weeks that explained the...

News article details

Banking, Capital Markets, Corporate Banking, Investment Management, Retail & Business Banking, Securities & Investments, Wealth Management
Media Type
In the News
Asia-Pacific, EMEA, LATAM, North America