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As Investor Demographics Continue to Shift, TradeStation Group Announces Sponsorship with TradeOff, a company focused on Gamifying Trading

TradeOff brings gaming to Wall Street to engage with a new generation

Plantation, FL (March 6, 2020) – TradeStation Group, Inc. (“TradeStation”), a Monex Group company, today announced a sponsorship with TradeOff Technologies, LLC (“TradeOff”), a fantasy stock trading platform. As the financial industry continues to identify new ways to reach millennials, TradeOff is leveraging the soaring popularity of online gaming to help bring financial literacy and education to new investors and traders in an interesting, simulated trading environment.

Research has shown that many young adults, especially millennials, lack financial literacy, and are investment averse*.  The online investment industry wants to engage this generation, but the traditional tactics don’t appear to be cutting it. With support from TradeStation’s sponsorship, TradeOff is taking a bold approach that focuses on advancing financial literacy, establishing trust and making trading more accessible – and less intimidating.

“The demographics of investing and self-directed trading continue to transform, and millennials specifically remain a very untapped market demographic. We believe that for trading to resonate with this generation, we need to find more progressive ways that meet them where they are,” said John Bartleman, President of TradeStation Group, Inc. “Gaming culture is more popular than ever, and TradeStation is excited to sponsor TradeOff’s game. This sponsorship helps TradeOff deliver a hands-on trading experience that’s engaging, familiar and helps reduce the fear of trading.”

Through the game, players can compete with robots or other traders in a simulated trading environment. The goal is to make as much simulated money as possible in a three-minute simulation based on real historical market data. The game brings a pipeline of new games and topics to potential traders. Currently, TradeStation is sponsoring Tradeoff’s “Titans of Trade” game where users have the chance to win cash-prizes every week. TradeOff is also working with three well-known gaming influencers to showcase the similarities between trading and gaming.

“These days, millennials may not be investing but they are gaming, and the journey from gamer to trader could be a natural step,” said Rob Kuck, President of TradeOff. “Believe it or not, the skillsets are closely intertwined. Gaming requires quick reflexes, the role of game theory, risk management and being a good sport. We’re excited to have TradeStation’s sponsorship, which we believe will help expose gamers to the online trading industry.”

To speak with an account executive to learn more about TradeStation, call 1.800.808.9336 or visit TradeStation.com.

About TradeStation Group, Inc.

Founded in 1982, TradeStation Group companies provide institutional-grade fintech tools and account-related services – and are where traders can find their home. TradeStation Group, Inc. is the parent company of several subsidiaries, including TradeStation Securities, Inc. and TradeStation Technologies, Inc. TradeStation Group companies seek to deliver the ultimate trading experience to retail and institutional clients that need a customizable trading platform to perform their strategies.  TradeStation Technologies provides award-winning† trading and analysis platforms through TradeStation Securities’ self-clearing online brokerage services for equities, options, futures, and futures options.  These advanced trading tools are accessible on desktop, web, and mobile devices, as well as via API technologies that provide seamless access to TradeStation Securities’ brokerage environment through third-party platforms.  Created by traders, for traders, TradeStation Group companies’ institutional-level offerings cater to those who are born to trade.  Learn more about TradeStation Group companies. 

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TradeStation Group, Inc.
Rachel Coleman
rachel.coleman@fleishman.com
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