ZMC adds online trading education platform Simpler Trading to portfolio

Rick Steves

“We are confident that ZMC’s expertise in scaling digital content businesses will help us significantly expand our offerings, extend our reach into new investment verticals, and improve our technology platform.”

Simpler Trading has raised a significant investment from affiliates of private equity firm ZMC as the online education platform for individual traders and investors plans to accelerate its growth and expand key technology and offerings.

John Carter, the founder of Simpler Trading back in 1999, will remain engaged in the business in his current capacity, leading the Small Account Mastery and Options Gold Room, as well as developing new strategies and tools to best serve the growing Simpler Trading audience.

Counting on ZMC’s expertise in scaling digital content businesses

The online platform provides an integrated suite of products including educational content, tools, and live trading rooms to guide traders on improving their trading skills.

Content is delivered through live and evergreen classes, newsletters, and live trading rooms to engage traders with actionable trading strategies.

John Carter, founder of Simpler Trading, commented: “We are thrilled to be partnering with ZMC as the Company enters its next phase of growth. We are confident that ZMC’s expertise in scaling digital content businesses will help us significantly expand our offerings, extend our reach into new investment verticals, and improve our technology platform. Overall, we are excited for our partnership with ZMC to enhance the individual trader journey and help more traders achieve their goals.”

Brittany Burns, Chief Executive Officer at Simpler Trading, added: “With ZMC’s support, we look forward to continuing to offer best in class educational content and technology for our growing community of traders.”

FinanceFeeds webinar: Expert panel to discuss market data for multi-asset brokerages  

Simpler Trading as a unique content platform for individual traders

ZMC is a private equity firm that invests invest in and manages a diverse group of media and communications enterprises. ZMC is currently investing out of ZMC III, L.P., which closed on $775 million in commitments.

Terms of the investment were not disclosed, but Evolve Capital Partners Inc. acted as financial advisors and McGuireWoods LLP acted as legal advisor to Simpler Trading. Sidley Austin LLP acted as legal advisor to ZMC.

Jordan Turkewitz, Managing Partner and Co-Chief Investment Officer at ZMC, said: “Simpler Trading has built a unique content platform for individual traders and investors. We admire what the team has achieved already and are excited to support accelerated growth through enhanced offerings and expansion into new category verticals both organically and via acquisition.”

Jason Sporer, Principal at ZMC, added: “The investment in Simpler Trading fits ZMC’s thematic focus on high-quality educational content in the growing market for trading. As the trading community continues to grow rapidly, more individuals will seek platforms like Simpler Trading for insightful content to improve their knowledge-base of trading strategies.”

Read this next

Opinion

The FX Algo Wheel, is it wheels up and ready to take flight?

by David Catterick, Sales Director, BidFX Australia

Retail FX

eToro users now can trade underlying Italian stocks

Israeli social trading and multi-asset brokerage company eToro has expanded its service offering and trading products by incorporating new markets, namely Italian stocks listed at underlying exchanges.

Digital Assets

BlackRock bets on crypto bank Silvergate despite drastic fall

BlackRock, the world’s largest asset manager, has increased its stake in Silvergate Bank, a crypto-friendly lender that counts major crypto exchanges like Coinbase and Kraken as clients.

Opinion

A viewpoint from Anatoly Crachilov, CEO and Founding Partner at Nickel Digital, on SEC regulation of the digital asset sector

The SEC’s latest episode comes across as more of a PR performance rather than an act of investor protection.

Digital Assets

Tether denies receiving any loans from Celsius, the opposite is true

World’s largest stablecoin issuer, Tether dismissed reports suggesting that it received a $2 billion loan from the bankrupt cryptocurrency lender Celsius.

Institutional FX

Cboe FX volume makes strong rebound in January

Cboe’s institutional spot FX platform today announced its trading volume for the month ending January 2023, which marks a mild rebound after a steep fall in December.

Uncategorized

XS.com appoints Exness alumni Mohamad Ibrahim as CEO

XS.com, the multi-regulated financial services provider, has appointed Mohamad Ibrahim as the group’s newest chief executive officer (CEO).

Technology

B2Broker Integrates Match-Trader Solution to Expands Its White Label Liquidity Offering

A global provider of technology and liquidity for the FX and cryptocurrency markets, B2Broker recently announced the extension of its white label liquidity offering by merging with Match-Trader.

Digital Assets

UK launches open consultation to regulate crypto exchanges, custody, and lending

The government’s proposed measures have been informed by recent market events – including the failure of FTX – which reinforce the case for effective regulation and sector engagement.

<