Tastytrade Announces Exclusive Partnership With Unusual Whales streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
To embed, copy and paste the code into your website or blog:
Google has threatened to pull its search engine from the entirety of the Australian continent “if the government approved legislation that would force tech companies to pay for journalism shared on their platforms.” Facebook made a similar threat to “block users in Australia from posting or sharing links to news if the bill passed.” Aussie politicians deemed the warnings akin to blackmail - NYTimes and WSJ and Bloomberg
Yesterday’s jobless numbers another 900,000 joining the ranks of the newly unemployed continue to hammer home the economic impact of the untamed coronavirus in the United States. Jobless claims are “higher than in any previous recession for records tracing back to 1967” - WSJ and NYTimes
IG Group Buys Retail Options Business Tastytrade
Posted on 01/23/2021
IG Group Holdings PLC is a U.K.-based operator of online trading platforms. A few days ago, IG Group agreed to acquire U.S. brokerage and financial media firm Tastytrade, Inc. for US$ 1 billion. IG Group is seeking to capitalize on the growth of option trading by retail investors. Tastytrade (tastytrade) is based in Chicago and was founded by Tom Sosnoff. Sosnoff is an entrepreneur, options trader, co-founder of Thinkorswim and Tastytrade, and founder of Dough, Inc. He was Senior Vice President of Trading and Strategic Initiatives at TD Ameritrade. Tastytrade has a brokerage arm called Tastyworks and a free online-video network featuring tutorials on trading strategies and interviews.
IG Group Agrees to Buy Online Broker Tastytrade for $1 Billion
By
January 21, 2021
(Bloomberg) IG Group Holdings Plc agreed to buy American online brokerage platform Tastytrade Inc. for $1 billion, expanding the trading firm’s operations in the world’s largest derivative market.
The deal comprises $300 million in cash and the issuance of 61 million IG Group shares to Tastytrade’s shareholders, according to a statement Thursday. The combination would add Tastytrade’s more than 105,000 active accounts to IG’s platform, whose core markets include the U.K., European Union, Australia and Singapore. IG shares rose as much as 1.7% at the open.