VanEck logo
  • Trends with Benefits

    The Impact of Retail Investors with Phil Mackintosh

    Ed Lopez, Head of ETF Product
     

    Retail Investors Make an Impact

    The last time I remember day trading getting the kind of coverage it has recently was in the late 1990s as personal computing power increased and internet access became more common. At the same time online brokerages promised cheaper stock transactions, more information and easier access that allowed a wider group of people to trade the dot-com wave.

    Today may have some similarities to the '90s, such as faster computers, a buoyant stock market, falling trading commissions, and greater access in the way of fractional shares. One thing that is different, however, is 'work-from-home', spurred on by the coronavirus. Maybe the increase in retail trading is a passing fad, a way to pass the time in between Zoom meetings or maybe we'll find a new normal for individual investors' engagement in the markets.

    Listen to Podcast


    Subscribe Now

    Apple Podcasts

    Apple Podcasts |

    Google Play

    Google Play |

    Spotify Spotify |

    Stitcher Stitcher|

    Sound Cloud SoundCloud

    In his role at the Nasdaq exchange, Phil Mackintosh has a courtside view of activity in the markets and he's written about the increased retail activity this year. In my discussion with him, we talk about what he's seen, what individual investors tend to trade, how they trade and what he thinks it means for market quality.

    Individual investors are an important part of the market ecosystem and financial education remains critical. Nasdaq launched Smart Investing, an investor education website to help people just starting out or looking to brush up on their investment knowledge.

    Trend or Fad

    Listen for Phil’s take on financial transaction taxes, Zoom weddings, the term “K-shaped recovery”, and cryptocurrencies.


  • Important Disclosure

    For informational and advertising purposes only.

    This commentary originates from VanEck Investments Ltd, a UCITS Management Company under Irish law regulated by the Central Bank of Ireland and VanEck Asset Management B.V., a UCITS Management Company under Dutch law regulated by the Netherlands Authority for the Financial Markets. It is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal or tax advice. VanEck Investments Ltd, VanEck Asset Management B.V. and its associated and affiliated companies (together “VanEck”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this commentary. The views and opinions expressed are those of the author(s) but not necessarily those of VanEck. Opinions are current as of the commentary’s publication date and are subject to change with market conditions. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. All indices mentioned are measures of common market sectors and performance. It is not possible to invest directly in an index.

    All performance information is historical and is no guarantee of future results. Investing is subject to risk, including the possible loss of principal. You must read the Prospectus and KIID before investing in a fund.

    No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck.

    © VanEck Investments Ltd / VanEck Asset Management B.V.

     

  • Authored by

    Ed Lopez
    Head of ETF Product

    Explore My Insights