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Trump's DJT Stock Predicted To Struggle In Options Market, Tastytrade CEO Says, 'The Puts Are About Three Times More Expensive Than The Calls'
Tuesday, April 2, 2024 - 3:37am | 617Tom Sosnoff, CEO of Tastytrade, predicts a challenging road for Trump Media And Technology Group’s stock (NASDAQ:DJT), with significant downside potential. What Happened: Sosnoff shared his insights on the future of Trump Media & Technology Group’s stock during CNBC’s “...
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Crypto.com Buys Nadex, Small Exchange For $216M In Cash
Thursday, December 2, 2021 - 10:10am | 384Crypto.com, a fast-growing cryptocurrency and financial services platform, earlier this week announced the acquisition of Nadex, the North American Derivatives Exchange, and the Small Exchange from IG Group. The proposed acquisitions will enable Crypto.com to offer U.S.-based customers the...
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Small Exchange Lowers Barrier To Crypto Innovation With New Index Future
Wednesday, September 29, 2021 - 9:05am | 399The Small Exchange announced the launch of a new product, the Small Cryptocurrency Stock Index (SCCX), which begins trading on Oct. 4, 2021. What Happened: Launched last year, the Small Exchange was founded after CEO and President Donald Roberts, alongside Tom Sosnoff, founder and co-CEO of...
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tastytrade, IG Group Close On $1B Partnership
Tuesday, June 29, 2021 - 5:40pm | 371IG Group Holdings Plc, a global online trading platform, formally announced the completed acquisition of tastytrade, Inc, for $1 billion. The deal was first announced in January. What Happened: Founded a decade ago by the veterans that developed and sold thinkorswim to TD Ameritrade, tastytrade is...
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Fintech Focus Roundup For May 23, 2021
Sunday, May 23, 2021 - 7:56am | 1771Fintech Spotlight: Nasdaq And Benzinga Partner, Express Commitment To Providing Actionable Market Intelligence As part of a vision to democratize access to actionable and timely stock market information, Benzinga partnered with Nasdaq Inc. Apart from supporting firms like Apple Inc, Alphabet Inc,...
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Small Exchange Lowers Barrier To Energy Market Volatility With SMO Crude Oil Future
Monday, May 17, 2021 - 7:08pm | 279The Small Exchange announced the launch of a new product, the Small US Crude Oil Futures (SMO) contract. What Happened: Launched last year, the Small Exchange was founded after CEO and President Donald Roberts, alongside Tom Sosnoff, founder and co-CEO of tastytrade, reflected on their experiences...
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Commission-Free Tastyworks Adds Crypto To Platform For Active Traders
Thursday, February 4, 2021 - 8:08am | 404tastyworks, a brokerage for the active trader, formally announced the launch of crypto trading on its award-winning technology platform. What Happened: tastyworks is a product of tastytrade, a holistic platform dedicated to challenging investors to think and trade strategically. In light of...
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Fintech Focus For August 20, 2020
Wednesday, August 19, 2020 - 6:37pm | 2239Quote Of The Day: Whoever is happy will make others happy too. - Anne Frank Fintech Movers: There is a large opportunity for Google to leverage its massive direct consumer relationships to attract [banks] to sign up for co-branded checking accounts. For many of the bank and credit union partners,...
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Stock Trading Vs. Sports Betting: Experts Debate What's More Fair
Monday, August 10, 2020 - 2:15pm | 638Sports business reporter Darren Rovell recently debated Tom Sosnoff, options trader and co-founder of Thinkorswim and tastytrade, on the pros and cons of sports betting versus trading stocks. When most professional sporting events were canceled earlier this year, many sports gamblers turned to the...
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Interactive Brokers, Phillip Capital Group Partner With The Small Exchange
Wednesday, June 3, 2020 - 10:43am | 529On the heels of launching a futures exchange and receiving approvals from the U.S. Commodity Futures Trading Commission (CFTC) and Options Clearing Corporation (OCC), the Small Exchange announced it secured a $4 million investment from Interactive Brokers Group (NASDAQ: IBKR) and Phillip Capital...
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'A Chance To Change The World': The Small Exchange Opens, Launches Small, Standard, And Simple Futures Products
Wednesday, May 20, 2020 - 6:22pm | 769On May 19, the Small Exchange announced the launch of a new futures exchange after receiving approval from the U.S. Commodity Futures Trading Commission (CFTC) and successfully completing Options Clearing Corporation (OCC) tests. The launch marks a new beginning for the industry, as more market...
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'Survivor Or Thriver': tastyworks Brings Fantasy Contests To The Stock Market
Friday, April 17, 2020 - 5:51pm | 319tastyworks, the leading options brokerage for active traders, alongside Andy and Landon Swan, the fintech entrepreneurs behind social sentiment data platform LikeFolio, formally announced the launch of Earnings Survivor, an exciting concept that merges the stock market with fantasy league. “...
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Meet The 2019 Fintech Listmakers: Tom Sosnoff
Sunday, November 17, 2019 - 9:35am | 255As Benzinga gears up for the biggest gathering of fintech executives and visionaries on Nov. 19 in New York City, the Benzinga Events team is highlighting the official listmakers who are being recognized at the fifth annual Benzinga Global Fintech Awards. Benzinga is proud to announce Tom Sosnoff,...
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Tastytrade Raises $20M In New Funding, Wants To Help 'Change The World' Of Investing
Friday, June 29, 2018 - 1:08pm | 380Tastytrade, a financial network that offers eight hours of live programming, raised $20 million in new funding from TCV, a leading Silicon Valley-based provider of growth capital, to help "change the world" of finance. What Happened Tastytrade describes itself as the "fastest growing...
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Ford and Coke Show Facebook Some Love
Wednesday, June 20, 2012 - 8:32am | 446After losing the support of General Motors (NYSE: GM), two major corporations -- Ford (NYSE: F) and Coca-Cola (NYSE: KO) -- have announced that they will continue to use Facebook (NASDAQ: FB) to boost their marketing efforts. According to the Wall Street Journal, both companies have endorsed...