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Zecco / TradeKing Merger

Published on June 10, 2012 by in broker news

Last month, TradeKing and Zecco announced that they were merging. You can watch the announcement video featuring TradeKing CEO Don Montanaro and Zecco CEO Mike Raneri here: I rate both brokerages well so my initial thoughts were that the merger can possibly result in a combined company that is even better. If the end result

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Penson is now Apex Clearing

Published on June 9, 2012 by in broker news

In case you missed it, last week Pension Financial Services announced that they were being acquired by Apex Clearing. On Tuesday, June 5th, it was announced that all customers accounts were officially transferred to Apex. Apex Clearing began operations on June 6th, handling execution and settlement services to approximately 230 U.S. based securities correspondents and

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