IG US Holdings, Inc. (IG North America), a North American subsidiary of electronic trading giant IG Group, announced the opening of its new headquarters in the Fulton Market district in downtown Chicago. The new 35,000-square-foot headquarters is home to tastytrade, a leading online equity broker, and also home to a new stand-alone studio for the financial network tastylive.
Additionally, tastytrade is demonstrating its commitment to the Chicago community by investing $600,000 in the Greenwood Project, a nonprofit organization dedicated to propelling Black and Latino college students into high-trajectory careers in financial services.
Both tastylive and tastytrade were founded in Chicago by thinkorswim co-founders Tom Sosnoff and Scott Sheridan. In mid-2021, IG Group Holdings, Inc. completed the acquisition of tastytrade for a value of $1 billion.
JJ Kinahan, CEO of IG North America and President of tastytrade, stated: "We're excited to double down on our commitment to Chicago. At IG North America, we believe opportunity can drive positive change. By partnering with Greenwood Project, we are not only investing in the future of talented Black and Latino students but also contributing to a more diverse and inclusive financial services industry."
As reported last month, IG Group announced the appointments of Chief Operating Officer and Chief Risk Officer to strengthen its leadership and expertise in the industry.