IG Group and tastytrade Complete $1 Billion Partnership
Significant milestone materially expands product set and footprint for the combined business
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The partnership significantly increases the scale and relevance of IG's existing US business, resulting in a prominent position in the high-growth retail options trading market through tastytrade’s market-leading online brokerage and trading education platform, used by over 105,000 self-directed investors with active accounts. IG’s powerful global reach provides tastytrade with a platform for international expansion.
The transaction is made up of
With an estimated 1.5 million retail traders, the US options and futures market is larger than the global CFD/FX and European Turbo markets combined. The newly-combined business is underpinned by a shared track record of innovation, client-centric philosophy and leadership in financial markets and is well positioned to take advantage of the exceptional structural growth of self-directed investing in the US. It will deliver a powerful service that is designed to educate and empower ambitious investors as they navigate the financial markets.
The management teams for IG and tastytrade will remain in place, reflecting the winning combination of a shared client-centric ethos and ambitious forward-looking strategy across the business. Key tastytrade management shareholders, comprising
I am thrilled to welcome tastytrade to the
tastytrade offers something that is completely new: it has truly disrupted the market by combining content that is unique and entertaining with deeply quantitative and technical analysis. This transaction will significantly enhance client choice and opportunity as we focus on providing innovative educational content, a broad suite of products and tools to empower their financial decision making and give them the best possible trading experience.”
IG empowers informed, self-directed, ambitious people to access opportunities in over 17,000 financial markets. With a strong focus on innovation and technology, the Company puts client needs at the heart of everything it does.
IG’s vision is to provide the world’s best trading experience. Established in 1974 as one of the world’s first providers of financial derivatives to retail traders, it continued leading the way by launching the world’s first online and iPhone trading services.
IG is an award-winning, multi-product trading company which allows retail, professional and institutional clients to trade 24 hours a day, 7 days a week1. IG is the world’s No.1 provider of CFDs2 and a global leader in forex derivatives. It provides leveraged services with the option of limited-risk guarantees and offers an execution-only stock trading service in the
IG is a member of the
About tastytrade, Inc.
tastytrade is one of the most-watched online financial networks, engaging investors and traders across 190 countries with 8 hours of daily, live, cost-free and commercial free programming with over 100 million hours viewed and programming 7 days a week. tastytrade offers over 100 original segments for new and seasoned veteran traders. tastytrade’s data driven research-based content teaches a logical, mechanical approach to investing and identifying opportunities based on probability and volatility. Investors are continually challenged with financial math, humor and new market perspectives.
tastytrade is the parent company to tastyworks, a brokerage firm creating and leading a financial revolution for the do-it-yourself investor and dough, a mobile-first brokerage firm radically challenging the status quo and changing wealth creation and the
2 Based on revenue excluding FX (from published financial statements,
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Source: tastytrade, Inc. and