- A full 88% of orders using Trade It are placed on mobile devices – with the majority being on Apple iOS.
- Average order size is $11,000 and climbing.
- More than $275 million in orders have been placed in its first six months.
"It's possible we're seeing retail investors move quickly through mobile-first to become a mobile-only market," said Nathan Richardson, co-founder and CEO of Trading Ticket. "We've had intense traction with mobile users. They're looking for technology that gives them choice and control. They need to make fast, confident trades from anywhere so they never miss an opportunity."
Trade It's real-time account aggregation – called Portfolio View – is a first for retail investors. The feature shows users information from all an investor's accounts, including specific holdings, buying power, and even shares owned no matter which broker they use. Paired with Trade It's real-time stock quotes, Portfolio View eliminates the need to move to separate mobile apps or Web sites to determine details of a trade. And because Portfolio View is integrated with the Trade It trading ticket, orders can be placed immediately.
Using Trade It is simple, fast and secure. Clicking on a company name, ticker symbol, special short URL or TradingView chart produces an order ticket through which a brokerage account is accessed and an order is placed. The company announced its initial Trade It technologies, led by its proprietary pop-up trading ticket, last September. Forthcoming elements will span account opening, funding, order management and communication. The entire Trade It suite uses 256-bit encryption to place orders and user information is never stored.
About Trade It and Trading Ticket, Inc.
Trading Ticket, Inc., creates technology and tools to make investing fast, easy and safe for all retail investors. The company's products span account opening, funding, order management and communication. Its flagship technology, Trade It reaches an audience of more than 100 million potential users each month because it is integrated into more than 20 mobile finance apps including Stock Tracker, Stocks Live, and Rubicoin. It's also integrated into leading financial content destinations including ARK Invest (ETF issuer), Benzinga, The Motley Fool, and TheStreet.com. Integration is via a full API suite, ready-made widgets, a short URL that generates trading tickets from within Twitter posts, a software-development kit (SDK) for Apple's iOS mobile operating system, and ready-made ad units. Retail investors can place orders quickly and securely from any supported platform via a broker of his or her choice. Trade It won "Most Innovative Trading Solution" at Citibank's 2015 Global Mobile Challenge, among teams from 18 countries. A patent is pending on Trade It's underlying technology. Lead investors include Valar Ventures and Citi Ventures. Get more information on Trading Ticket, Inc., and a demo of how Trade It works, at www.trade.it.
Media contact: Michele Clarke | 203.912.0560 | [email protected]
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SOURCE Trading Ticket, Inc.
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