IG US Holdings, Inc. (“IG North America”) today announced its new headquarters in the Fulton Market area of downtown Chicago.
The new 35,000 square foot office space is home to tastytrade, the online brokerage company created by traders to give self-directed investors the tools to manage their money, and separate brand new studios for tastylive, the financial network that broadcasts live to millions people around the world with over 100 original shows.
To mark the Chicago brokerage firm’s commitment, tastytrade will make a $600,000 investment in the Greenwood Project, a nonprofit organization dedicated to advancing Black and Latino college students into high-profile careers in financial services.
Tastylive and tastytrade, subsidiaries of IG North America, were created in Chicago by thinkorswim co-founders Tom Sosnoff and Scott Sheridan and were acquired by UK-based IG Group for $1 billion in 2021.
JJ Kinahan, CEO of IG North America and President of Tastytrade, said:
“We are thrilled to be doubling down on our commitment to Chicago. At IG North America, we believe that opportunity can lead to positive change. By partnering with the 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 further the Greenwood Project’s mission and help the organization implement career-tracked learning opportunities, targeted recruitment efforts, technology to support learning, and one-on-one mentoring to support scholars both academically and personally. It will enable scholars to access online learning resources throughout the year at their universities across the country. This will be complemented by live cohort learning experiences.
Additionally, the Greenwood Project will work closely with tastytrade to leverage their in-depth trading knowledge, further preparing scholars for careers in trading and other areas of finance.