IG US Holdings, Inc. (“IG North America”) today announced its new headquarters in the Fulton Market district in downtown Chicago.
Its new office space of 35,000 square feet is home to tastytrade, the online brokerage firm created by traders to give self-directed investors the tools to manage their own money, and separate brand-new studios for tastylive, the financial network broadcasting live to millions of people worldwide with over 100 original shows.
To mark the brokerage firm’s commitment to Chicago, tastytrade will make a $600,000 investment in Greenwood Project, a non-profit organization dedicated to propelling Black and Latino college students into high-trajectory careers in financial services.
Tastylive and tastytrade, subsidiaries of IG North America, were created in Chicago by the co-founders of thinkorswim, Tom Sosnoff and Scott Sheridan, and acquired by UK-headquartered IG Group for $1 billion in 2021.
CEO of IG North America and President of tastytrade, JJ Kinahan, said:
“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.”
tastytrade’s investment will enhance Greenwood Project’s mission and assist the organization to implement career-tracked learning opportunities, targeted recruiting efforts, technology to support learning and individual coaching to support scholars both academically and personally. It will allow scholars to access online learning resources during the year at their universities throughout the country. This will be supplemented by live cohort learning experiences.
Additionally, Greenwood Project will collaborate closely with tastytrade to leverage their in-depth trading knowledge, further preparing scholars for careers in trading and other areas of finance.
