Tradovate, LLC, an online brokerage firm for active, self-directed futures traders, and Collective2 (C2), the online platform which connects investors with trade leaders, announced today that Tradovate has now integrated C2 into its offering, providing the first commission-free brokerage access to C2 futures trading systems.
Built In Chicago
If the popularity of digital subscription services like Netflix and Spotify are any indication, consumers have come to appreciate the predictability of paying the same amount for a service every month, regardless of how much they use it.
Tradovate, a Chicago startup that provides cloud-based futures trading services, wants to extend that model to the financial services industry.
CHICAGO, Jan. 5, 2017 – Tradovate, LLC, an online brokerage firm for active, self-directed futures traders, and financial services firm VeloxPro today announced that they have partnered to bring the new web application of VeloxPro’s Bookmap xRay to the Tradovate platform.
CHICAGO, Jan. 3, 2017 – Tradovate, LLC, an online brokerage firm for active, self-directed futures traders, and Order Flow Analytics™ (OFA), a data visualization company, announced today that Tradovate has integrated OFA’s analytical and algorithmic trading tools into its cloud-based platform. The move enables thousands of current OFA clients to transform their experience with the products, providing new means of access, a higher quality data delivery and the potential for significant cost savings.
While it remains to be seen if fintech can rewrite the ledger of finance or whether the big banks are doomed (their recent earnings reports suggest otherwise), the financial services industry is still ripe for technological innovation, says Tradovate CEO Rick Tomsic.
CHICAGO, October 4, 2016 – Tradovate, LLC, an online brokerage firm for active, self-directed futures traders that opened for business in April, today announced the successful launch of its first third-party integration. The firm has partnered with Jigsaw Trading to offer the software provider’s popular order flow analysis tools to Tradovate clients, while Jigsaw users will have the opportunity to benefit from Tradovate’s commission-free structure and cloud-based trading platform.
Modern Trader Magazine / FuturesMag.com
We spoke to Rick Tomsic, CEO of Tradovate, an innovative new firm with plans to launch an FCM in 2016. Tradovate’s FCM is registered and approved but launched in April as an introducing broker.
The Options Insider
The Options Insider CTO Interview: Today Mark and Henry are joined by Ryan Hansen, President of the new futures brokerage, Tradovate.
There is most certainly a key differentiating factor between FinTech startups which give rise to many new technological advancements in the fast-paced retail electronic trading sector and those in the highly established, multi-billion dollar institutional sector, where there is no margin for error, and capital risk is very high, yet the demand for innovation is now at a 15 year high.
CHICAGO, April 19, 2016 – Tradovate, LLC, a new online brokerage firm for active, self-directed futures traders, announced today that the firm is now launched and accepting business. Tradovate is the first futures brokerage firm to offer flat-rate membership fees, dispensing with the industry-standard commission structure. Its cloud-based platform is accessible from any device, operating system or browser.
Modern Trader Magazine / FuturesMag.com
While many FCMs see continued consolidation —though most see the number of FCMs stabilizing in the 50-60 range — there are some new entrants. Rick Tomsic is CEO of Tradovate, a new FCM that plans to launch in early 2016. Tomsic, who founded Open E Cry in 2002, sees many of the struggles highlighted above as an opportunity for a new innovative entrant to the arena.
Tradovate started a pre-launch campaign with a contest for a giveaway of one year of its commission-free futures trading service.
John Lothian News
"You don't need 20 years in an industry to have vision. Some of the best ideas come from a unique vantage point. Your vantage point... it's not jaded. You don't know how futures technology may be used. You may look at it from a fresh alternative."