In this episode of Business Transformation Explained that aired on 25th February 2021 we are joined by experts to discuss the impact of social trading on the future of stock markets. January 2021 debuted with a never-seen before event on the stock markets: an internet group of traders socializing on the popular online-hang-out Reddit rallied together into the short-squeeze of the decade by changing the value of the GameStop stock literally overnight. The shocking impact on Wall Street and the popular trade platform took the internet by storm. The Reddit Precedent creates a new perspective over the way markets work. Together with our experts we answer the question: How is social media changing the stock market?
Speakers:
RICHIE SANTOSDIAZ – Head of Middle East & Africa @FinTech Times
Richie Santosdiaz is an economic development expert in the advisory context mainly with governments and multinationals. He also is the Head of the Middle East and Africa for The FinTech Times and the FinTech Power 50.
MEHDI EL AMINE FICHTALI – Founder @FinaMaze
Mehdi El Amine Fichtali worked for 20 years in the financial sector, mainly on the trading floors of Paris, London, and Dubai, where he lives since 2005.
Mehdi worked in international banks (Morgan Stanley, Barclays Capital, and Credit Agricole Calyon) as a cross-asset derivatives structurer and sales, for both public markets (Sales & Trading) and Global Capital Market (Risk Solution desk). He also worked for six years as Risk Management and Private Placement Director within the Dubai-based boutique investment bank deNovo.
He founded FinaMaze in 2018, during his participation in Dubai’s “1776” incubator program.
Host:
DANIEL SOLOMON – CEO @EROE & Co-Founder @EroeGo
Daniel Solomon is the CEO and Delivery Advisor of EROE and the co-founder of EroeGo the newest sustainable delivery app.