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tastytrade, Inc. and IG Group Holdings Plc: IG Group and tastytrade, Inc. Join Together in $1 Billion Landmark Deal


(1)
Deal Unites IG, a Global Leader in Derivatives Trading with tastytrade s U.S. Derivatives Expertise and Leadership Position
IG Group Holdings Plc ( IG ), the global online trading platform and tastytrade, Inc. ( tastytrade ), the fast-growing online financial network advocating for and empowering the individual investor, announced today their intention to join forces in a landmark deal. IG is offering tastytrade a total purchase price of $1 billion which excludes tastytrade s cash. The management teams for IG and tastytrade will remain the same.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210120005810/en/
Both IG and tastytrade have a shared passion for market disruption, innovation, and growth. They are committed to empowering self-directed traders to unlock opportunities in the financial markets and engaging their customers with innovative educational content a true differentiator in the mar ....

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IG Group and tastytrade, Inc. Join Together in $1 Billion Landmark Deal


Press release content from Business Wire. The AP news staff was not involved in its creation.
IG Group and tastytrade, Inc. Join Together in $1 Billion Landmark Deal
January 21, 2021 GMT
LONDON & CHICAGO (BUSINESS WIRE) Jan 21, 2021
IG Group Holdings Plc (“IG”), the global online trading platform and tastytrade, Inc. (“tastytrade”), the fast-growing online financial network advocating for and empowering the individual investor, announced today their intention to join forces in a landmark deal. IG is offering tastytrade a total purchase price of $1 billion which excludes tastytrade’s cash. The management teams for IG and tastytrade will remain the same.
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Both IG and tastytrade have a shared passion for market disruption, innovation, and growth. They are committed to empowering self-directed traders to unlock opportunities in the financial markets and engaging their customers with innovative educational content – a true differentiato ....

United States , United Kingdom , City Of , Ramon Kaur , Tom Sosnoff , June Felix , Kristi Ross , Fitch Ratings , Jefferies International Ltd , Small Exchange , Ig Regulatory News Service , Td Ameritrade , Ig Group , Ig Group Holdings , Consulting Group , Quiet Foundation , Ig Group Holdings Plc , Fenchurch Capital Partners , Global Head Of Communications , Holdings Plc , Chief Executive Officer , Lead Financial Advisors , News Service , Middle East , Zero Hash , Online Brokers ,

IG Group to spend $1 billion to acquire tastytrade


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IG Group to spend $1 billion to acquire tastytrade
21 January 2021
Source: IG Group
The Board of IG Group Holdings plc (“IG” and, together with its subsidiaries, the “Group”) is pleased to announce the proposed acquisition of tastytrade, Inc. (“tastytrade”), a high growth US online brokerage and trading education platform with a leading position in US listed derivatives, primarily options and futures, and over 105,000 active accounts1 (the “Acquisition”).
▪ Landmark transaction that expands and diversifies IG’s growth drivers through entry into the world’s largest listed derivatives market. With an estimated 1.5 million retail traders, the US options and futures market is larger than the rest-of-world CFD/FX and European Turbo markets combined2. ....

Tom Sosnoff , June Felix , Scott Sheridan , Tom Sosnoff Co , Kristi Ross Co , Ig Group , Ig Group Holdings , European Turbo , Kristi Ross , Chief Executive , Block Chain , ஜூன் ஃபெலிக்ஸ் , ஸ்காட் ஷெரிடன் , கிறிஸ்டி ரோஸ் இணை , ஐஜி குழு , ஐஜி குழு ஹோல்டிங்ஸ் , ஐரோப்பிய டர்போ , கிறிஸ்டி ரோஸ் , தலைமை நிர்வாகி , தலைப்புச் செய்திகள் , தொகுதி சங்கிலி ,