SogoTrade, Inc. Acquires MarketRiders, Inc.

12/21/15 12:00 pm EDT

St. Louis, MO, December 21, 2015 – MarketRiders, Inc. was acquired by leading discount stock brokerage Sogotrade, Inc to offer asset management services for individuals and institutional investors. MarketRiders was the very first major player in the online robo-advisory business, offering sophisticated yet easy-to-use portfolio and asset allocation tools to its self-directed customers.


St. Louis, MO, March 7, 2014 – Jonathan Yao, who previously led Scottrade’s Hong Kong operations, is the new CEO of SogoTrade, a rival discount online brokerage.

The appointment was effective Jan. 1 but not announced until Friday.

Yao lives in the St. Louis area and plans to move SogoTrade’s headquarters from New York to Chesterfield this year, said Shelia Chi, human resources manager at SogoTrade. Continue reading “YAO NAMED CEO OF ONLINE BROKERAGE SOGOTRADE, INC.”

Genesis Securities Launches SogoTrade: New Deep Discount Brokerage

St. Louis, MO, June 22, 2016 – Genesis Securities LLC, the NASDAQ Platinum Certified trading technology developer and self-clearing broker/dealer, has launched SogoTrade (, a deep discount brokerage offering an industry leading online trading platform. SogoTrade features a suite of powerful trading tools—awarded four out of five stars in the 2008 SmartMoney Broker Survey—ultra low online trade commissions of $1.501 or $3.00 and some of the lowest margin interest rates in the industry. Continue reading “Genesis Securities Launches SogoTrade: New Deep Discount Brokerage”