IG Group (LON: IGG), an international Fintech which claims to be “at the forefront of online trading,” has announced that Joe (JJ) Kinahan has “been appointed to the newly created roles of VP and Chief Market Strategist of tastytrade.”
As noted in an update shared with CI, this is “a key leadership position focused on accelerating the growth of the business by using his significant trading experience and market knowledge to identify and exploit new opportunities.” JJ’s role “is effective as of April 11 and he will be Chicago, IL based.”
June Felix, global CEO, IG Group, stated:
“From his decades of experience at thinkorswim and TD Ameritrade, JJ has a significant experience scaling businesses from millions to billions of dollars in sales. He brings a broad industry network – particularly with US regulators and policymakers – and he has a track record as a sought-after advisor on market trends and policy changes. We are thrilled to have someone with JJ’s industry knowledge and relationships join our growing team. As we focus on unlocking access to such huge and growing addressable markets, we are eager to have JJ’s contributions help us fully implement our ambitious goals.”
A 35-plus year trading and securities veteran, JJ will “provide guidance on the scaling of tastytrade.”
He will also “leverage his active trader expertise to help facilitate the development and delivery of innovative new offerings for retail investors as tastytrade’s market-leading online brokerage, tastyworks, and trading education platform continue to grow.”
JJ Kinahan remarked:
“tasty’s ethos to disrupt the status quo and offer online trading to a broad audience of retail investors and traders was a huge attraction for me to join this team. They set out to build an entire ecosystem, which holistically combines compelling, informative content with intuitive technology to enable individuals to understand the markets and act on them in real time. This company’s efforts to bring new engagement and understanding of investing is second to none. I share this commitment and I look forward to bringing this approach to a much wider audience of self-directed investors.”
JJ was formerly Chief Market Strategist and Managing Director of market structure strategy and client advocacy, “as well as Managing Director of Trading Platforms for TD Ameritrade, a subsidiary of Charles Schwab.”
Prior to his position at TD Ameritrade, JJ was the MD of active trader services “at thinkorswim, where he also led the Educational Events Team.”
He began his career “as a Chicago Board Options Exchange market maker, later holding positions with ING Bank and Van Der Moolen.”
He serves as “a member of the CBOE Advisory Board, SIFMA Options Committee and on the Board of Clearlist.”
tastytrade, Inc. is “focused on empowering investors through its … financial content and media network, trader education, and dynamic brokerage services.”
Established in 2011 as a force to reinvent the accessibility of retail options and futures content and education for individuals, tastytrade “offers 10 hours of daily, live, commercial-free programming 7 days a week to retail investors in 190 countries.”
The tastytrade ecosystem also ‘includes brokerage firm tastyworks, Inc., established in 2017, which supports investors who want to actively manage their own money with a powerful trading platform and embedded engaging content.”
tastyworks, Inc. is “a registered broker-dealer and a member of FINRA, NFA and SIPC, and tastyworks Australia Pty Ltd is an ASIC registered broker-dealer.”
tastytrade, Inc. is “part of IG Group Holdings plc, a global fintech company that provides its … products and platforms to ambitious people around the world, giving them access to ~19,000 financial markets.”
IG Group has been “at the forefront of trading innovation since 1974.”
Since then, they’ve “evolved into a global fintech company incorporating the IG, tastytrade, IG Prime, Spectrum and DailyFX brands,” with a presence in Europe, North America, Asia-Pacific, the Middle East, and other world regions.