News Summary

Toronto-based financial technology company Wealthsimple has announced a series of new trading and investing features slated for rollout in 2025. The company held a livestream event titled ‘The Smartest Place to Trade,’ where it unveiled upcoming upgrades for both cryptocurrency and traditional investing accounts. Key features include 24/5 extended hours trading for U.S. stocks, allowing Canadians to trade beyond regular market hours, and new cryptocurrency trading options such as limit and stop-limit orders. Wealthsimple also plans to introduce self-directed investing options for corporate accounts and Registered Education Savings Plans (RESPs), offering features like commission-free trading and up to $250,000 in instant deposits. This initiative aims to cater to both casual and advanced investors, potentially drawing users away from traditional banks. Wealthsimple currently has over 3 million active Canadian users and manages over $50 billion in assets.