Market Share of Online Trading Platform Industry
The online trading platform market is fragmented, with some of the established vendors in the market, including TradeStation Group Inc., Interactive Brokers LLC, and Ally Financial Inc. To remain competitive within the market, these companies are engaging in strategic partnerships, mergers and acquisitions, and product development to launch new products.
- April 2024: TradeStation Securities announced its integration with OptionsPlay, an options analysis suite for investors and traders. This integration allows TradeStation Securities' brokerage clients the ability to trade directly from the OptionsPlay platform with customized pricing and provides them with access to OptionsPlay’s additional service offerings, such as research and equity analytics, trade ideas and watch lists, trading and income strategies, as well as trading tools and education.
- September 2023: Interactive Brokers Group announced the consolidation of its European brokerage operations and the merger of Interactive Brokers Central Europe (IBCE) in Budapest, Hungary, with Interactive Brokers Ireland (IBIE) in Dublin. The aim was to improve efficiency and retain a large talent pool and regional focus on its clients.
Online Trading Platform Market Leaders
-
TradeStation Group, Inc.
-
Interactive Brokers LLC
-
Ally Financial Inc.
-
MarketAxess Holdings Inc.
-
DigiFinex Limited
*Disclaimer: Major Players sorted in no particular order