Trading and Securities Veteran, JJ Kinahan, Joins tastytrade

Rhea-AI Summary

IG Group (LON: IGG) announced the appointment of Joe (JJ) Kinahan as Vice President and Chief Market Strategist of tastytrade, effective April 11. JJ brings over 35 years of trading experience, previously holding leadership roles at TD Ameritrade and thinkorswim. His expertise aims to accelerate tastytrade's growth by enhancing product offerings and engaging retail investors. The company focuses on disrupting online trading and offers extensive education and resources for investors worldwide, with a commitment to unlocking large addressable markets.

Positive

• Appointment of JJ Kinahan as Chief Market Strategist expected to accelerate tastytrade's growth.
• JJ brings over 35 years of experience, which could enhance product offerings for retail investors.
• tastytrade aims to disrupt online trading, supporting a broad audience of retail traders.

Negative

• None.

Appointment to enhance tasty’s implementation of product and expansion strategies

CHICAGO & LONDON--(BUSINESS WIRE)-- IG Group (LON: IGG), a global fintech at the forefront of online trading, today announced that Joe (JJ) Kinahan has been appointed to the newly created roles of Vice President and Chief Market Strategist of tastytrade, which 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.

“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,” said June Felix, global CEO, IG Group. “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.

“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,” said JJ Kinahan. “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 Managing Director 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. He is a frequent contributor and commentator for high profile financial media outlets including Forbes, CNBC, Bloomberg among others.

About tastytrade, Inc.

tastytrade, Inc. is focused on empowering investors through its award-winning financial content and media network, trader education, and dynamic brokerage services. Established in 2011 as a disruptive 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 (LSE: IGG), a global fintech company that provides its award-winning products and platforms to ambitious people around the world, giving them access to ~19,000 financial markets.

About IG

IG Group has been at the forefront of trading innovation since 1974. Since then, we’ve evolved into a global fintech company incorporating the IG, tastytrade, IG Prime, Spectrum and DailyFX brands, with a presence in Europe, North America, Africa, Asia-Pacific, and the Middle East.

Our award-winning products and platforms empower ambitious people the world over to unlock opportunities around the clock, giving them access to over 19,000 financial markets. Today, more than 400,000 clients call IG Group home.

IG Group Holdings plc is an established member of the FTSE 250 and holds a long-term investment grade credit rating of BBB- with a stable outlook from Fitch Ratings.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220412005542/en/

Media:

US

Fran Del Valle

fran@influencecentral.com

917-922-5653

London

Alayna Francis

IG Group

Alayna.Francis@ig.com

+442076335395

Source: tastytrade, Inc.

FAQ

What is the significance of JJ Kinahan's appointment at IG Group?

JJ Kinahan's appointment is crucial as he brings extensive trading experience to accelerate the growth of tastytrade, enhancing its market strategy.

When did JJ Kinahan start his role at tastytrade?

JJ Kinahan began his role as Vice President and Chief Market Strategist of tastytrade on April 11.

How does tastytrade aim to engage retail investors?

tastytrade engages retail investors by combining compelling content with intuitive technology, promoting an understanding of the markets.

What experience does JJ Kinahan bring to his new role at tastytrade?

JJ Kinahan brings over 35 years of experience from previous leadership roles at TD Ameritrade and thinkorswim, focusing on business scaling and market strategy.