Wall Street has been experiencing something of a youth wave as large and powerful financial firms become more comfortable putting people who are under the age of 30 in positions that used to be reserved for older traders, bankers and dealmakers.
The rising stars of finance play important roles at big banks like Goldman Sachs, sprawling private equity firms like Blackstone Group, and high-profile hedge funds like Pershing Square Capital Management.
But an increasing number of young entrepreneurs are also impacting the financial services world by launching new technology companies, like IEX Group and SoFi, shaking up the way financial markets function and capital is allocated.
For example, Vladimir Tenev, 28, cofounded Robinhood in 2013 to offer commission free stock trading through a sleek mobile app. Since launching in the App Store in December 2014, Robinhood has executed more than $2 billion in trades mostly for the 30 and under set. Robinhood has raised $66 million of funding from investors including Google Ventures and Andreessen Horowitz.
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.