The general director of the brokerage company TD Ameritrade, Tim Hockey, said that retail activity among millenials is growing due to digital currencies.
According to Hockey, now, from the point of view of the retail trader, the Market was swept by a wave of “violent activity”. He stressed that the main driving force of the rise is millennial.
Tim Hockey: Crypto-currencies increase interest in the investment market
Such growth is due to an increased interest in crypto-currencies among the “generation Y”. Hockey noted that in the last quarter of 2017, digital currencies accounted for 7-8% of 726,000 deals on TD Ameritrade, although a year earlier in the same period they occupied only about 2% of the total number of transactions.
Due to the increase in the number of transactions, TD Ameritrade changed its working schedule for popular exchanges. Hockey explained that this was done because of the transience of events on cryptology, CCN reports .
Earlier, Brian Kelly, head of the BKCM Digital Asset Fund, said that now is the best time to purchase Bitcoin
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