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Google Finance looks similar to Robinhood's UI. Though I've heard rumors of Google having an internal team 'google treasury' that trades stocks. I would actuall
by snakedoctor 6y ago
Google Finance looks similar to Robinhood's UI. Though I've heard rumors of Google having an internal team 'google treasury' that trades stocks. I would actually be surprised if Google didn't have an internal team doing so. Similar to Jane Street/Rentech/TGS. Google has loads of more data though.
- mcintyre1994 6y agoIs that the same sort of idea as Apple’s Braeburn Capital?
- htrp 6y agoIt's definitely not the actual google treasury team.... and knowing the shitstorm that they would get from that getting leaked, I doubt there's a shadow hedge fund running in google.
- Maven911 6y agoMaybe not HF but they have a pretty serious group of traders / setup that parallels some WS firms from what I heard too
- filoleg 6y agoYeah, def not a team doing the trades, but more like a finance/trading club within Google (among many other ones they have, like some sports clubs and such). Most big tech companies have that, I bet. I can confirm that MSFT has a "financial advice" club where people discuss trading strategies and such (among other things). It is just an employee club though, not something those people do as a part of their job responsibilities.
- anomaly_ 6y agoEvery large company has a corporate treasury function. https://en.wikipedia.org/wiki/Treasury_management https://en.wikipedia.org/wiki/Treasury_management