Bitcoin demographic

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To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. We talked to TD Ameritrade CEO Tim Hockey about investing, markets, and millennials. 2 billion brokerage has seen a huge uptick in interest surrounding cryptocurrencies, blockchain, and cannabis stocks.

Millennials are leading an investment revolution. Now the largest demographic in the economy, young investors under 35 are catalyzing a transformation in the asset management and stock trading world. TD Ameritrade CEO Tim Hockey told Business Insider. However, he did caution that the cryptocurrency market was by no means mature.

That’s why only a select group of TD Ameritrade clients have access to the Cboe bitcoin futures marketplace, which was launched in December. Hockey also said TD Ameritrade has seen huge uptick in interest around cannabis and blockchain stocks. Graham Rapier: It looks like TD Ameritrade had a phenomenal quarter. What do you attribute those good numbers to? 23 of that was driven by the tax effect, but even then, there were high single-digit cents depending on what you include, in terms of the beat.