Tradeking: A Mover-Shaker In Online Broker Trading
Founded in December of 2005, Tradeking has revolutionized the brokerage world of stock and option trading with online trading at low rates. It was also the first of its kind to incorporate social media as a part of its business model touting one of the best customer service experiences on the web.
Trading Revolution
In keeping with the latest trends trade king announced March 1st that it would start up a new mobile trading platform which allows customers to keep track of online accounts and participate in active trading while on the go. Competitors include Buyandhold, Sharebuilder, and Scottrade, which owns the Scottrade Center in St. Louis, MO that is hosting the Arch Madness 2010 tournament. These companies have long fought to keep up with the portability and innovation of Tradeking.
Pension Worldwide Pairing
Tradeking has also recently announced that it will pair with Pension Worldwide’s (PNSN) U.S. clearing unit Pension Financial Services, INC (PFSI) to offer more expanded services for customer. Tradeking plans to release more information about the conversion towards the middle of the year.
Tradeking chose Pension Financial Services because of its ability to settle and clear complex options, its global focus and in an effort to improve margin optimization it will also provide portfolio margining. Pension Financial will also provide Tradeking with expanded support services for its online community and newly minted mobile platform.
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