Wednesday, April 4, 2018
ClickIPO Securities, LLC (“ClickIPO”) and TradeStation Securities, Inc. (“TradeStation”), a Monex Group company and award-winning* online broker-dealer and futures commission merchant, are making the ClickIPO platform available to eligible TradeStation clients so they may gain access to ClickIPO’s marketplace of initial public offerings, secondary offerings and follow-on offerings (collectively, “Public Offerings”).
The ClickIPO app for iOS and Android, available through ClickIPO, allows eligible individual investors to participate in certain Public Offerings. “We offer a simple solution that enables the small investor to invest in available offerings at the public offering price,” said Scott Coyle, CEO of ClickIPO.
TradeStation clients can now download the ClickIPO app free of charge from the Apple App Store or Google Play store. Alternatively, people interested in the opportunity can apply for a TradeStation account via a link on the ClickIPO app. Eligible TradeStation clients can then access the ClickIPO app, review available Public Offerings and place conditional orders to participate. If a TradeStation customer receives an allocation, the shares will be deposited into the customer's TradeStation account.
ClickIPO aggregates conditional orders and sends one consolidated order to the underwriter. Once ClickIPO receives an allocation from the underwriter, individual investors receive shares of the offering in their TradeStation account in accordance with ClickIPO’s investor score algorithm. Investors may receive all, some or none of the shares requested depending on supply, demand and their investor score.
“The ClickIPO app provides a new opportunity for TradeStation clients to participate in Public Offerings,” said John Bartleman, President of TradeStation Group, Inc., TradeStation’s parent company. “We’re pleased to enter an arrangement with ClickIPO to make this value-added feature available to TradeStation clients.”
For current TradeStation clients, please follow this link to connect the ClickIPO app. If you do not have a TradeStation account, you must apply and be approved for, open and fund a TradeStation brokerage account and then connect to the ClickIPO app.
The ClickIPO feature is available to qualified TradeStation clients who maintain a minimum balance of $5,000 in their equities brokerage account (retirement accounts like IRAs and SEP IRAs are not eligible).
ClickIPO Securities, LLC, a registered broker-dealer, exclusively offers the mobile ClickIPO platform designed to give Individual Investors access to hundreds of IPOs and Secondary Offerings each year. Its technology gives Underwriters valuable insight into investor behavior through the data it gathers and the app’s “ClickIPO Investor Score”, providing a retail distribution channel similar to dealing with institutions.
ClickIPO Securities, LLC is a broker dealer registered with the SEC, and is a member of FINRA and SIPC. ClickIPO Holdings, LLC is the parent company of Click IPO Securities, LLC, and owns the proprietary technology application known as ClickIPOTM. ClickIPO Holdings has granted Click IPO Securities, LLC an exclusive and perpetual license to use the application and authorization to relicense it for use by other registered broker dealers, including your broker dealer of record. The application might not be available in some jurisdictions.
The information posted on the ClickIPO website is not an offer to sell or a solicitation of an offer to buy any security, which can only be made by Prospectus, Offering Memorandum or Information Statement. There can be no guarantee that an investor will be allocated shares in any particular offering. Read more information regarding the significant risks associated with investing in IPOs.
TradeStation Group, Inc., through its principal operating subsidiary, TradeStation Securities, Inc., offers the TradeStation analysis and trading platform to the active trader and certain institutional trader markets. The TradeStation platform offers electronic order execution and enables clients to design, test, optimize, monitor and automate their own custom equities, options and futures trading strategies. TradeStation Group is a wholly owned subsidiary of Monex Group, Inc., one of the largest online financial services providers in Japan.
TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, NSCC, DTC, OCC & CME) is a licensed securities broker-dealer and a registered futures commission merchant (FCM), and a member of major stock, options and futures exchanges in the United States. The company’s technology subsidiary, TradeStation Technologies, Inc., develops and offers strategy trading software tools and subscription services, and hosts the TradingApp® Store.
* Visit TradeStation.com/Awards for more information.
TradeStation Securities, Inc.