The online trading brokerage firm Tastytrade has partnered with Unusual Whales, an options trading platform. Through this partnership, users of the Unusual Whales' Options Flow platform will gain direct access to options trading using Tastytrade's accounts.

Scott Sheridan, the CEO of Tastytrade, mentioned: "We're huge fans of Unusual Whales and the transparency they bring to the markets, enabling traders to make informed decisions." The integration of Tastytrade's tools on the Unusual Whales platform aims to provide traders with trading insights.

Expanding Reach and Offerings

Recently, Tastytrade launched a new 35,000-square-foot office space and studios in Chicago, along with a commitment to invest $600,000 in the Greenwood Project, a non-profit organization dedicated to fostering diversity in finance.

JJ Kinahan, the CEO of IG North America and President of Tastytrade, emphasized the importance of the opportunity to drive positive change. By investing in the Greenwood Project, Tastytrade aims to support talented Black and Latino students and contribute toward an inclusive financial services industry.

In 2021, IG Group acquired Tastytrade to strengthen its position in the retail options and futures market. This action preceded the group's entry into the retail trading market in the US.

Acquisition and Growth

Following the acquisition , Tastytrade, now part of the IG Group, has diversified its offerings to encompass a range of trading options catering to retail investors. The firm reported a surge in revenue from its US operations in FY23, highlighting its growth in the financial market.

Additionally, IG Group's American division is a member of the Futures Industry Association. The spread betting and CFD trading firm joined the association to expand its reach into the lucrative US market. This initiative underscored the group's efforts to foster international collaborations and strengthen its presence in the financial trading sector.