Online Broker tastyworks Announces Its Name Change to tastytrade

tastyworks, a US-based online equity broker established in 2017 and part of financial service firm tastytrade, Inc., announced Feb. 22 (Wednesday) that the company has changed its name to tastytrade. tastytrade, Inc. has been acquired by IG Group in June 2021.

In the coming weeks, the broker will transition to its new name and domain across its websites, technology, and content, but "there won't be any changes to our purpose and functionality as a brokerage firm", tastytrade stated. 

The broker further noted that it started adopting the new legal name on Feb. 21 (Tuesday).

Scott Sheridan, CEO of tastytrade, said: "We created our brokerage business because we wanted to offer customers a unique combination of access to educational content, technology tools, and lower fees that could help them make smarter investment decisions. We continue to innovate and add new features to tastytrade that we know traders want, including improvements to our desktop and mobile platforms and better charting tools."

Added JJ Kinahan, North America CEO of IG Group, parent company to tastytrade, said: "Our team, forged in the Chicago options trading pits and with a collective 300+ years of trading experience, has been disrupting retail trading for over 30 years and we aren't done yet. We continue to advocate for, and improve the total experience for retail investors, strengthening both their confidence and their understanding of risk and reward so they become more strategic active investors."