Trading Technology

09:17 AM
Connect Directly
LinkedIn
Twitter
Facebook
Google+
RSS
E-Mail
50%
50%

TradeMonster Celebrates 5-Year Anniversary

TradeMonster, the online retail brokerage that launched during the height of the financial crisis, celebrates its anniversary with $5 commissions.

TradeMonster, the online retail brokerage that was launched five years ago during the financial crisis, is celebrating its fifth anniversary with $5.00 flat execution commissions today for equity and options trades. In addition, the brokerage's parent company has assumed the tradeMonster designation and has been named tradeMonster Group, Inc.

The brokerage, which launched at a very bad time (during the most recent financial crisis), has been a leader in offering full-feature mobile trading apps to customers and has one numerous awards. Sanjib Sahoo, tradeMonster's CTO, has also won industry awards for his technology leadership

TradeMonster has been an industry leader in setting a new standard for innovation, user experience and service in retail trading, while continuing to pursue its founding mission of delivering "Anytime, Anywhere Trading." In February, it launched tradeMonster Mobile and was first in the industry to define user experience by offering customers a responsive, mobile design mirroring the ease of use of its award winning web platform. In June, it launched the first HTML5-based iPad app in the online brokerage industry, offering a wide range of TradeMonster's trading tools.

Dirk Mueller-Ingrand co-founder and CEO of tradeMonster Group, commented, "We take the most pride in our continued push towards coupling the very best trading technology with superior service and education. While some companies ease off the innovation throttle as they age, we are continuing to surprise our customers and the industry with product ideas intended to inspire those looking for control of their financial future."

"Having such an amazing team, an extremely supportive shareholder base as well as such great business partners has allowed us to focus on delivering lasting value to our customers," Says Mueller-Ingrand added in a statement.

Earlier this year, tradeMonster Group, Inc., the parent of tradeMonster and optionMONSTER, won the Illinois Technology Association "Outstanding Technology Development" CityLIGHTS Award for tradeMonster Mobile, their markedly innovative and patent pending mobile trading app, while its CTO, Sanjib Sahoo, was awarded the 2013 CIO of the Year by The Executives' Club of Chicago, the Association of Information Technology Professionals and the Society of Information Management. Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
SanjibTech
50%
50%
SanjibTech,
User Rank: Apprentice
10/28/2013 | 3:11:10 PM
re: TradeMonster Celebrates 5-Year Anniversary
Bryan,
Thanks for your comments. It is true that we have focused on mobile lately but tradeMONSTER has been a leader in user experience and also for the desktop platform. We have been ranked the best Options trading platform 4 years in a row by Barron's and ranked among the top 2 brokerages overall in the 2013 survey. I agree with you, it was not the best times to launch a brokerage.
Byurcan
50%
50%
Byurcan,
User Rank: Author
10/28/2013 | 2:43:31 PM
re: TradeMonster Celebrates 5-Year Anniversary
Hard to believe a company in the capital markets space that launched in 2008 is still around, but good for them. Sounds like they have been leaders in the mobile space, that's good vision.
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - July 2014
In addition to regular audits, the SEC will start to scrutinize the cyber-security preparedness of market participants.
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.