TradeKing
| File:Tradeking (business) logo.png | |
| Company type | Defunct |
|---|---|
| Industry | Financial Services |
| Founded | December 2005 |
| Fate | Acquired by Ally Financial |
| Headquarters | , |
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 |
| Parent | Ally Financial |
| Website | www |
TradeKing, was a discount online brokerage firm for self-directed investors that were investing online. Investors were able to buy and sell stocks, options, bonds and mutual funds via electronic trading platforms or by phone. TradeKing was founded in 2005 and had offices in Fort Lauderdale, Florida and Charlotte, North Carolina. It was acquired by Ally Financial in 2016.
History
The company was launched in December 2005.
TradeKing was an early user of social networking for investors and traders, offering free blog support and other Web-based tools to registered members and account holders.[1][2]
On May 15, 2012, TradeKing and Zecco.com, announced they had agreed to merge.[3]
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.[4]
On June 1, 2016, Ally Financial acquired TradeKing.[5]
See also
- Comparison of online brokerages
- List of social networking websites
- List of stock market indices
- Financial market
- Options broker
- Penny stock
- Stockbroker
References
- ^ Bogoslaw, David (September 10, 2007). "MySpace For Traders". Bloomberg L.P.
- ^ Krantz, Matt (July 11, 2007). "Investors share tips, track records online". USA Today.
- ^ CAREY, THERESA W. (May 26, 2012). "Two Facebook Followers Unite". Barron's.
- ^ "TradeKing Introduces TradeKing Advisors, Aims to Create New Value Leader in Online Advisory" (Press release). Business Wire. June 30, 2014.
- ^ "Ally Financial Completes Acquisition of TradeKing Group" (Press release). Business Wire. June 1, 2016.
_logo.png){kind=link}