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.

YAO NAMED CEO OF ONLINE BROKERAGE SOGOTRADE, INC.

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 (www.SogoTrade.com), 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”

© 2024 SogoTrade, Inc. All rights reserved.Brokerage services provided by SogoTrade, Inc., Member of FINRA.

SogoTrade is a member of SIPC, which protects securities customers of its members up to $500,000 ($250,000 for cash). For more details, please see www.sipc.org. Our clearing firm, Apex Clearing, has purchased an additional insurance policy, which provides protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer's securities and $900,000 for any one customer's cash. The SIPC protection and this additional insurance do not protect against a loss in the market value of securities, and do not apply to cryptocurrency transactions.

Portfolio management and advisory services are provided by MarketRiders, Inc. (doing business as SogoTrade Asset Management ("SAM")), a registered investment advisor. Brokerage services are provided by SogoTrade, Inc. SAM provides discretionary advisory services for a fee. SAM and SogoTrade, Inc. are separate entities under common ownership.

Before investing carefully consider the underlying objectives, risks, charges, and expenses of the investment product. All investments involve risk, including loss of principal. Past performance does not guarantee future results. There is no assurance that the investment process will consistently lead to successful investing. Asset allocation and diversification do not eliminate the risk of experiencing investment losses. ETFs can entail risks similar to direct stock ownership, including market, sector, or industry risks. Some ETFs may involve international risk, currency risk, commodity risk, and interest rate risk. Trading prices may not reflect the net asset value of the underlying securities. Risks applicable to any portfolio are those associated with its underlying securities. For more information, please see the SAM Disclosure Brochure (Form ADV Part 2A).

Important Note: Options involve risk and are not suitable for all investors. For more information please read the Characteristics and Risks of Standardized Options. Please note fees, commissions and interest charges should be considered when calculating results of options strategies. Transaction costs may be significant in multi-leg option strategies, including spread, as they involve multiple commission charges. SogoTrade does not provide tax advice. Please consult with a tax advisor as to how taxes may affect the outcome of options transactions/strategies.

No information contained on this website is intended as a recommendation or solicitation to invest in, or liquidate, a particular security or portfolio. Market volatility, volume and system availability may effect account access and online trade execution. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction. Unauthorized access and use is prohibited.

Market data displayed under Research is provided and hosted by Barchart Market Data Solutions. Fundamental company data is provided by ActiveTick LLC. SEC Filings provided by Edgar Online. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.