From the Wires
INSERTING and REPLACING TradeKing Announces Post-Merger Results
By: Business Wire
Jan. 24, 2013 11:02 AM
Insert risk disclaimer paragraph after footnotes in release dated Jan. 23, 2013:
The corrected release reads:
TRADEKING ANNOUNCES POST-MERGER RESULTS
With its TradeKing and Zecco Trading integration complete, online broker TradeKing enters the New Year with a trading experience now even better equipped to meet the needs of today’s active investor. The “new” TradeKing is a significantly larger online brokerage seven years after its founding, with more than 500,000 total accounts, making it the country’s sixth-largest online broker1.
Entering this next phase of its history, TradeKing intends to prove to the industry that the core “disrupter” values on which it founded the company -- including low, transparent pricing, exceptional customer service and a commitment to providing some of the industry’s most innovative technology -- will remain unchanged and continue to guide the firm’s future direction.
“Too many online brokerages abandoned a focus on transparency and a ‘customer-first’ mindset as they’ve grown,” said Don Montanaro, CEO of TradeKing. “TradeKing intends to live our values every day as we continue to expand and show what excellence means in the online brokerage industry. 2012 was a milestone year for our firm but I truly believe the best is yet to come for TradeKing and our clients in the months ahead.”
About TradeKing Group, Inc.
TradeKing Group, Inc. (www.tradeking.com) consists of companies that provide online brokerage services, social communities for investors, investor education and more. Its subsidiary, TradeKing, is a nationally licensed online broker/dealer dedicated to empowering the independent, self- directed investor. It offers simple, low flat fees ($4.95 per trade for both equity and option trades with $0.65 per options contract).2 The TradeKing platform features powerful online equity, options, ETF, mutual fund and fixed-income trading tools accompanied by a rich set of news, research and analysis capabilities.
Follow TradeKing on Twitter at http://twitter.com/TradeKing,
1 Source: Dow Jones Newswires, May 15, 2012.
2 Please see www.tradeking.com/rates for more details on trade commissions for low priced stock, bonds, mutual funds and other securities.
Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.
$4.95 for online equity and option trades, add 65 cents per option contract. TradeKing charges an additional $0.35 per contract on certain index products where the exchange charges fees. See our FAQ for details. TradeKing adds $0.01 per share on the entire order for stocks priced less than $2.00. See our Commissions and Fees page for commissions on broker-assisted trades, low-priced stocks, option spreads, and other securities.
Online trading has inherent risks due to system response and access times that vary due to market conditions, system performance and other factors. An investor should understand these and additional risks before trading.
TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.
Content, research, tools, and stock or option symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or to engage in any particular investment strategy. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results.
Foreign exchange trading (Forex) is offered to self-directed investors through TradeKing Forex. TradeKing Forex, Inc. and TradeKing, LLC are separate, but affiliated companies. Forex accounts are not protected by the Securities Investor Protection Corp. (SIPC).
Forex trading involves significant risk of loss and is not suitable for all investors. Increasing leverage increases risk. Before deciding to trade forex, you should carefully consider your financial objectives, level of investing experience, and ability to take financial risk. Any opinions, news, research, analyses, prices or other information contained does not constitute investment advice. Please note that spot gold and silver contracts are not subject to regulation under the U.S. Commodity Exchange Act.
TradeKing Forex, Inc. acts as an introducing broker to GAIN Capital Group, LLC ("GAIN Capital"). Your forex account is held and maintained at GAIN Capital who serves as the clearing agent and counterparty to your trades. GAIN Capital is registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA) (ID # 0339826). TradeKing Forex, Inc. is a member of the National Futures Association (ID # 0408077).
TradeKing Group, Inc. is not a broker/dealer.
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