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TradeZero Announces Regulatory Approval for Retail Equity and Options Trading in Canada

TradeZero Announces Regulatory Approval for Retail Equity and Options Trading in Canada

TradeZero Holding Corp., which operates broker-dealer subsidiaries that provide next-generation online trading platforms for active retail traders, announced that TradeZero’s Canadian subsidiary, TradeZero Securities Canada ULC, was admitted as a dealer-member of the Investment Industry Regulatory Organization of Canada and is approved to offer equity and options trading on US markets to retail traders in Canada. TradeZero’s Canadian broker dealer is headquartered in Oakville, Ontario.

“We are very excited to introduce the TradeZero platform and offer our exceptional trading experience to retail traders in Canada. Launching in Canada marks a major milestone in our ongoing growth and an additional step in our wider international expansion plans”

“We are very excited to introduce the TradeZero platform and offer our exceptional trading experience to retail traders in Canada. Launching in Canada marks a major milestone in our ongoing growth and an additional step in our wider international expansion plans,” said Daniel Pipitone, CEO and Co-Founder of TradeZero.

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On October 12, 2021, TradeZero announced that it had signed a definitive agreement with Dune Acquisition Corporation , a special purpose acquisition corporation, which would result in TradeZero becoming a publicly traded company under the name “TradeZero Global Inc.” On January 26, 2022, Dune filed a preliminary proxy statement with the SEC relating to the proposed initial business combination with TradeZero (the “Business Combination”).

“Canada is a fantastic opportunity for TradeZero to continue its geographic expansion and offer its leading services to a market ripe for continued disruption,” said Carter Glatt, CEO and Founder of Dune. “We look forward to supporting TradeZero’s efforts to scale into additional geographies as it increases its international presence.”

TradeZero was founded in 2015 by a team that leveraged decades of collective operating and trading experience to build a next-generation trading platform tailored to the needs of the ever-growing community of sophisticated retail traders.

Through its broker-dealer subsidiaries, TradeZero offers retail traders commission-free stock trading and direct market center access to U.S. equities and equity options trading. Active retail traders choose TradeZero and its subsidiaries for its suite of advanced desktop, web-based and mobile platforms; professional-grade market access; sophisticated trading tools; and 24×7 live customer service.

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TradeZero also offers robust shorting capability trading with access to hard-to-locate securities and its proprietary Shorts Locate Services, which allow TradeZero clients to sell their locates to other traders on the platform, who can then use them for their own short selling. The company serves both domestic and international active traders and offers extended trading hours of 4 am to 8 pm ET. In both 2020 and 2021, TradeZero was named Best Broker for Short Selling by the Benzinga Global Fintech Awards.

“Our goal is to provide a professional-grade, VIP experience for the retail trader, including personalized, real-time support, and the types of advanced trading tools and market access typically used by institutions. TradeZero’s momentum has been driven by our community of sophisticated, active retail traders who appreciate the ability on our platform to have tremendous control over their trading,” Mr. Pipitone said.

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