TradeKing

TradeKing
Private
Industry Financial Services
Founded December 2005 (2005-12)
Headquarters Fort Lauderdale, Florida, U.S.
Key people
 Donato A. Montanaro, CEO
Richard J. Hagen, Jr. President & COO
Thomas A. Desmond, Chief Financial Officer
Products Stocks, options, ETFs, bonds, mutual funds, forex, financial advising services, online brokerage, IRA accounts, investment services
Website www.tradeking.com

TradeKing is a discount online brokerage firm, providing online trading tools for self-directed investors to buy and sell stocks, options, bonds and mutual funds via electronic trading platforms or by phone. TradeKing was founded in 2005 and has offices in Fort Lauderdale, Florida and subsidiary offices in Charlotte, North Carolina.

History

The company was launched in December 2005 offering online brokerage services for active stock and option traders. The firm was an early user of social networking for investors and traders, offering free blog support and other Web 2.0-based tools to registered members and account holders since the firm’s inception.[1][2][3]

In July 2007, TradeKing released the Options Playbook,[4][5][6] a primer for options trading explaining common options trading strategies (or “plays”) in jargon-free terms.

On May 15, 2012, TradeKing and Zecco.com, announced they had agreed to merge their businesses.[7]

On June 30, 2014, TradeKing announced the formation of TradeKing Advisors, an online advisor that creates a fully diversified portfolio and handles periodic re-balancing automatically[8]

On April 5, 2016, Ally Financial announced they had agreed to acquire TradeKing[9]

See also

References

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