August 2021
Steven Braid, Data and Marketing Analyst
Digitization of consumer industries has captured the imagination, and wallets, of investors over the last few years. Advancements in mobile communications and cloud computing have upgraded the e-commerce, retail, payments, and media content streaming experience, allowing innovative companies to meet the preferences of their consumers and totally transform societal norms.
This technological disruption has also hit the world’s brokerage and capital markets industries, where a generational revolution is brewing — a revolution that is already favoring those companies that have embraced digitization and “democratizing finance for all,” a movement championed by Robinhood Markets, and popularized by other companies, such as Charles Schwabb, FUTU, and Swissquote, just to name a few.
Although this digital transfiguration of the world’s brokerage and capital markets industries is still in the early stages, the momentum generated has already created a massive influx of capital into the sector. This wave of potential opportunities is the result of the convergence of two unique forces — the rising wealth of the younger generations and the shifting of consumer preferences. Additionally, innovative investment products, such as crypto currencies, decentralized finance, thematic investing, ETFs, and robo-advisory services, are pulled investors to transact online.
The product offerings of the companies comprising the BlueStar Global E-Brokers and Digital Capital Market Index index (ticker: BBIDS) are positioned to meet the preferences of the new generations of investors. BBIDS tracks the performance of the largest and most liquid companies in the online securities and lending, market making, and digital asset capital markets industries.
BlueStar Global E-Brokers and Digital Capital Market Index index
31/07/2020-31/07/2021
Source: MV Index Solutions. All values are rebased to 100. Data as of 31 July 2021.
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