Wealthsimple ist dem Angebot von Prognosemärkten einen Schritt näher gekommen, Experten sagen, dass es sich um einen „rutschigen Abhang“ handelt.
https://www.ctvnews.ca/toronto/article/wealthsimple-is-a-step-closer-to-offering-prediction-markets-to-its-investors-but-experts-say-it-is-a-slippery-slope/
11 Kommentare
oh come on these things are just gambling.
It’s wild that a company that pioneered safe and reliable robo-investing in Canada is trying to reinvent itself as a casino.
I still have an account there without much in it, they just completely bombard me with ads for high-risk investments like crypto and margin trading. The company has really cannibalized their own brand.
What are prediction markets?
A lot of people are going to get fucked from this.
I hate this direction they’re taking
I will bet on politicians winning elections and buy propaganda, I mean advertisements to promote said politician.
I know I’m only one customer, but I took the time to call and let them know how much I dislike this. I doubt anything is going to change, but I’d encourage anyone who banks or invests with WS to do the same. If enough of their clients speak up maybe they’ll take note.
Short term investing particularly day trading is just gambling. Its not much different from sports betting where small amounts of information or insight is leveraged to attempt to make a profit. I would rather have these earnings on predictive markets taxed like capital gains are and just take the extra tax revenue. Gambling in a casino isn’t taxed so if someone is going to do it in a stock brokerage at least we as a country can cash in on paying off some of our deficit.
If they want to bet on margin all the better more taxes for the rest of us. Let them stupidly spiral themselves into debt. At least be honest with it people are going to bet anyway. Wealthsimple already requires SIN numbers, addresses, etc to open an account so it has checks in place to prevent minors from accessing it which is a huge step up from polymarket.
Makes me lose any respect I might have had for Wealthsimple.
Gambling, it is called gambling.
> Wealthsimple is the second company to receive this approval from CIRO, the pan-Canadian self-regulatory organization that oversees investment and mutual fund dealers, as well as trading activity.
> The first company, Interactive Brokers Canada Inc. (IBKR), launched prediction markets in the country last April.
Looks like it’s been live for almost a year without too much controversy? Another article mentioned that it’s limited to certain topics, and you can see what topics IBKR offers trading on here https://forecasttrader.interactivebrokers.ca/eventtrader/#/markets.
Gambling on college tuition amounts, elections, temperature, CO2 emissions, etc is stupid, but not much more irresponsible than the options plays WallStreetBets types already had access to, and it’s not as morally fraught as the US companies allowing bets on wars.