Yang Xu

TradingFront Lead. UP Fintech Asset Management CEO. Former Managing Member at Alpha Architect. Quant, FinTech and Fried Chickens.

[Yang Xu @WangDangYang]

@hsu_jason Congratulations! Looking forward to seeing some alpha

[Jason C Hsu @hsu_jason]

I have helped PowerShare and Schwab launched RAFI ETFs, helped Harvest, Premia Partners and China AMC launched China ETFs. Today I launch my own on NYSE! An active China ETF no less! #Chinainvest

[Yang Xu @WangDangYang]

We've been advocating transparent pricing for advisors and clients for a long time. You should charge me for the services you provide. But don't tell me it is free or try to hide it! Check out this blog on @MichaelKitces
https://t.co/VoQ8xiM8ku #fintech #finance

[Yang Xu @WangDangYang]

Not even "free" is free? This rings a bell to all #advisors out there. When SEC fines RH for misleading PFOF and best-execution, in ADV Part 2A there is Item 12 called Brokerage Practices. Advisors should pay extra attention when choosing a custodian for their clients.

[The New York Times @nytimes]

Breaking News: Robinhood, the app that rose in popularity with a pitch of no trading fees, will pay $65 million to settle charges that it misled users over payments. https://t.co/dBKCHREwa1

[Yang Xu @WangDangYang]

Attention Independent RIAs: A Primer on Mobile Apps https://t.co/Wgvlo2ExzR

[Yang Xu @WangDangYang]

A huge step for @IBKR offering private senior notes in its pre-qualified brokerage accounts. In a 0 commission 0 yield environment, brokers are either trying to be acting like a bank or on the way of becoming a bank 😂

[Yang Xu @WangDangYang]

@jus10castelli @tradingfront Thanks, @jus10castelli! Like what you have been doing and advocating at AGC 👈👏👍, we want to contribute to the RIA community in any way we can💪.

[Yang Xu @WangDangYang]

Thanks @MichaelKitces for the guest spot and all the editing! We hope our study can shed some light into the “free” black hole...@Foulke_David and I need a brain massage...

[MichaelKitces @MichaelKitces]

How ‘Free’ RIA Custodians Make It Difficult To Determine Which Is Actually The Most Expensive: https://t.co/lyhUn6zi1d

[Yang Xu @WangDangYang]

@iconocap @tradingfront Thanks Chris! This industry needs more transparency!

[Yang Xu @WangDangYang]

@DanielYerger3 @MichaelKitces thanks!

[Yang Xu @WangDangYang]

Trade up to TradingFront when you’re ready to trade in your wirehouse business https://t.co/h5ro2ovXVZ

[Yang Xu @WangDangYang]

@alphaarchitect @wealth_mgmt @ddjanowski Forgot to mention you and thanks for your quote 😂

[Yang Xu @WangDangYang]

Thank you @wealth_mgmt and @ddjanowski. I am very honored to be selected on this "Ten to Watch in 2021" list, with the other nine industry leaders and pioneers! #fintwit

[Wealth Management @wealth_mgmt]

.@tradingfront Co-Founder and CEO @WangDangYang
https://t.co/KLGHy4dO9V
#TentoWatch21

[Yang Xu @WangDangYang]

@NexusStrategy @presidiosf Beautiful!

[Yang Xu @WangDangYang]

1) Liquidity vanishes.

2) Momentum traders drive the markets to more extreme highs and extreme lows in shorter periods of time.

3) Investors holding margin accounts become less able to liquidate, adding to the price swings.

[Yang Xu @WangDangYang]

It explains so well the negative impact of Payment for Order Flows. Every fiduciary should read it. Shareholder Letter IBKR 2018. #pfof #advisor #FinTwitt

[Yang Xu @WangDangYang]

However, the customer is likely to lose more on the execution price than she saves on the commission.

[Yang Xu @WangDangYang]

Developing a Technology Strategy in Times of Volatility, Custodian Consolidation, and Pandemic https://t.co/yXu3ggH6lN