Is There Any Such Thing as a Free?

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Studies show that nearly three million dollars was paid out between market makers and retail brokers last year. So individual investors along the way paid out nearly three million dollars for something that was on the face of it is supposedly free. eva, i want to talk about an example that mister gurgo sites. And that example is, of course, game stop, right? We're all familiar with what happened at this point. Investors piled into the stock earlier this year, even though the business is not doing very well. N mister gurko suggests that it shows the way amateur investors are being encouraged to trade in illiquid stocks to the advantage of market maker and retail brokers.

Today’s report on US consumer prices is expected to show that prices further accelerated in May, US president Joe Biden will use this week’s G7 summit to encourage allies to join Washington’s tougher stance towards Beijing, and Olympic sponsors worry if being associated with the games will damage their brand. Plus, the FT’s Eva Szalay interviews a market insider who says popular trading platforms that offer “zero commission” trades are not being entirely honest with customers.

Will hot US inflation data unsettle markets?

https://www.ft.com/content/7377a5d6-73e8-442e-96e8-ea2535286c08

Joe Biden rallies allies to take tougher stance on China

https://www.ft.com/content/203d664a-c834-48d7-805d-c49d44aa2a9a

Japanese sponsors think twice about being associated with Tokyo Olympics

https://www.ft.com/content/2e8b9ce5-95e0-4114-884b-f05de926ccde

Retail trading frenzy reflects ‘broken’ US equity markets, says XTX’s Gerko

https://www.ft.com/content/d813fe90-29ba-4c98-ac57-c2919a7970b1

Sign up for today’s Future of News event here:

https://futurenews.live.ft.com/

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