Trading app Aries integrates TradeStation data and execution services
Aries users who are also TradeStation brokerage customers will enjoy the former’s data and order execution service while continuing to have access to Aries. TradeStation is the first broker connection for Aries.
Aries, a brand new investing and trading application, has integrated TradeStation for its data and execution services as it makes its app available to international customers.
“Built by traders for traders with the goal of bridging the gap between retail investing and Wall Street”, as the firm states, Aries targets the ideal of democratization of trading.
The trading app was built around community and customer needs and has developed tools that aggregate information into an easily digestible format for retail investors.
From an execution standpoint, Aries reached out to TradeStation to ensure users would enjoy a premium experience. Through a Web API integration, traders can make zero-commission equities and equities options trades through their TradeStation brokerage accounts while still using the Aries platform.
Making use of the social media trends, Aries facilitates the sharing of thoughts, research, and trades online. The neobroker is tapping TradeStation Group’s mature market mindset and operational history to accelerate its expansion.
John Bartleman, President of TradeStation Group, commented: “Retail trading continues to see tremendous growth, and TradeStation has long sought to simplify the user trading experience for our customers and deliver new offerings. Aries shares our belief that trading should be accessible for everyone and emphasizes the needs of investors and traders first. It’s a platform built by traders for traders, and we’re thrilled to kick off this integration that allows us to offer our customers additional analytics tools from Aries.”
Reda Falih, CEO of Aries, said: “With the rapid rise of retail online investing and trading, we wanted to develop a streamlined suite of tools that will help bridge the gap between retail investing and Wall Street. Our powerful analytics platform is only enhanced by TradeStation’s efficient processes and procedures, customer service and ease of execution, creating a truly user-centric experience.”
It was in late 2019 that TradeStation joined the lineup of companies reducing commission for trading of certain assets to zero. The online trading company started offering commission-free trading to customers who use its web and mobile platforms for exchange-listed stocks, options, and exchange-traded funds (ETFs).
It was at that time that other major brokers, such as TD Ameritrade and Charles Schwab, said they were eliminating commissions for trading exchange-listed stocks, options, and ETFs.