Robo Adviser Betterment Suspended Trading During ‘Brexit’ Market Turmoil - News Summed Up

Robo Adviser Betterment Suspended Trading During ‘Brexit’ Market Turmoil


But clients say they weren’t aware of the halt, raising questions around how robo advisers communicate with clients during market volatility. Betterment LLC, a pioneer in the world of automated investing, made an unusual move and suspended all trading Friday morning as markets were roiled by the U.K.’s vote to leave the European Union. The New York-based startup, which manages $4.8 billion, said it took the step to protect...


Source: Wall Street Journal June 24, 2016 23:31 UTC



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