‘Gamification’ in financial markets under scrutiny, says EU watchdog

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Reuters UK

By Huw Jones LONDON (Reuters) – Gamification has introduced a new generation of retail investors to financial markets who may not be aware there are few protections in assets like cryptocurrencies, the European Union’s securities watchdog said on Tuesday. Gamification refers to using smartphones to trade, a trend which took off on Wall Street during the coronavirus pandemic with apps like Robinhood, and has spilled over into European markets. “We want investors to engage more in financial markets and not just keep their money under the mattress,” Verena Ross, chair of the European Securities a…

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