Have you noticed the level of innovation in retail stock and options trading these days?
We’re trading from apps. We’re trading for free. We’re letting robots manage our portfolios. We’re getting trading ideas from algorithms.
I’ve been in the online futures trading industry since 1997, and I love it. I love how futures offer one-stop exposure to virtually every meaningful asset class on earth and how futures traders are among the most engaged and interesting people you’ll ever meet.
The online brokerage industry has an innovation problem, particularly when it comes to active traders.
There’s certainly been no shortage of “new” offerings by online brokers – TD Ameritrade, E-Trade, Schwab and others are constantly introducing new versions of charting or execution tools. And there seem to be countless software companies with one new offering after another, promising higher profitability and increased edge.
