tastyworks continues posting record retail trading reaching 1m contracts daily
By Edlyn Cardoza
tastyworks, the pioneering leader in retail brokerage technology, recently announced posting record trading levels exceeding 1 million retail options contracts traded in a single day. “Self-directed investors are transitioning from passive to active trading using the capital efficiency of options. tastyworks customers and the tastytrade audience like to be challenged and have given us incredibly positive feedback about our content and have demanded more from us. We want to foster their intellectual curiosity,” said Tom Sosnoff, co-CEO of tastytrade, Inc., parent company to tastyworks. “We’ve been eradicating the status quo for the past 10 years, launching new products and programming with the aim to bring this self-directed investing movement global.”
Committed to delivering new and relevant products, tastyworks recently added 3 more digital assets allowing self-directed investors the ability to trade 21 total from a single brokerage account. These include Basic Attention Token (BAT), Compound (COMP), ChainLink (LINK), Doge Coin (DOGE), EOS.IO (EOS), Enjin Coin (ENJ), Kyber Network (KNC), Maker (MKR), OMG Network (OMG), Ox (ZRX), Uniswap (UNI), Paxos Gold (PAXG), Polkadot (DOT), Stellar (XLM), Shiba Inu (SHIB), Elrond (EGLD) and Aave (AAVE). tastyworks customers also have access to Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) and in the next few months, tastyworks will introduce trading of Cardano (ADA), Solana (SOL), Terra (LUNA), Polygon (MATIC), and Hedera (HBAR).
“We’re always working on new ways to create opportunities to help others gain financial and investing confidence. Our mission of making finance fun, actionable and accessible has never changed,” said Kristi Ross, Co-CEO of tastytrade, Inc. “We continue to gain traction through our content and how we engage people in the financial markets as well as through our trading technology to make complex concepts like trading crypto, stock, options and futures more digestible. Our new volume highs and demand from traders for our products and offerings are testament to that.”
tastytrade has also expanded its broadcast programming from 8 hours to 10 hours and introduced new shows. Viewers can now learn Engineering the Trade, Today’s Assignment, Earnings, trades on the go, and Jones and Grace. tastytrade customers can now access lookback, which simulates option ideas with a few clicks. The feature allows backtesting of a strategy to see how well it would have performed historically, before committing money on a trade. Alpha Boost has also launched. The new trade idea email subscription which delivers diversified options and Futures trade ideas into the inbox of self-directed retail investors for free.
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