Ally Financial acquires TradeKing for $275 million LeapRate

April 05, 2016 BY Maria Nikolova

Ally Financial acquires TradeKing for $275 million

Confirming LeapRate's earlier report about TradeKing being for sale, the company announced today the signing of an acquisition agreement with Ally Financial Inc (NYSE:ALLY). Under the agreement, Ally Financial Inc will acquire an online broker/dealer, a digital portfolio management platform, and educational content and social collaboration channels. Ally is paying $275 million, subject to certain purchase…

November 06, 2015 BY Maria Nikolova

MB Trading no longer Retail Foreign Exchange Dealer, Forex Dealer Member of NFA

California-based brokerage MB Trading had its status as Retail Foreign Exchange Dealer (RFED) and Forex Dealer Member (FDM) of the National Futures Association (NFA) withdrawn on Thursday, November 5th. The news hardly surprises anyone, as the brokerage has announced earlier that effective October 23, 2015, it will cease retail Forex operations. In August this year,…

October 20, 2015 BY Maria Nikolova

MultiCharts platform no longer available to MB Trading clients after Tradeking deal

Developers of online trading platform MultiCharts made an announcement on Monday regarding the availability of the services to clients of US brokerage MB Trading, which agreed to be acquired by Tradeking in August this year. MB Trading clients could use MultiCharts before the deal but after the transfer of Forex accounts from MB Trading to Tradeking, a…

Tag: MB Trading acquisition