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TastyWorks
Tastyworks is a brokerage firm based in Chicago, Illinois. It offers a platform for trading options, stocks, futures, and cryptocurrencies. The firm provides...
TastyWorks
Tastyworks is a brokerage firm based in Chicago, Illinois. It offers a platform for trading options, stocks, futures, and cryptocurrencies. The firm provides educational content and tools for individual investors.
General information
Firm type
Asset Manager
Year founded
2017
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Additional offices
Austin, TX, United States
Principals
Tom Sosnoff
Co-Founder
Scott Sheridan
CEO
Sector focus
Frequently asked questions
Who makes investment decisions at TastyWorks?
TastyWorks does not make investment decisions on behalf of clients. It is a broker-dealer that provides trading platforms for self-directed retail investors. The firm's CEO is Scott Sheridan, who oversees operations. Tom Sosnoff, co-founder, is no longer involved in day-to-day management following the IG Group acquisition (per public record).
How does TastyWorks generate revenue if it doesn't charge commissions?
TastyWorks generates revenue primarily through per-contract fees on options and futures trades, payment for order flow from market makers, and subscription fees for premium products like Tastyworks Pro. It does not charge commissions on stock trades but makes money on options contracts at a rate of $0.15 per contract (per the firm's official communications).
Is TastyWorks a family office?
No. TastyWorks is a fintech broker-dealer and media platform, not a family office. It was founded by Tom Sosnoff, who is an individual investor, but the firm itself manages no private capital and acts as a retail execution venue. Its parent company, IG Group, is a publicly traded UK-based trading firm (per public record).
What is the relationship between TastyWorks and Tastytrade?
TastyWorks and Tastytrade operate as sibling brands under the same parent company (IG Group). Tastytrade is the financial media and education arm that produces live video shows, while TastyWorks provides the trading platform. They share the same leadership team and Chicago office (per the firm's official communications).
Does TastyWorks offer any services to institutional investors?
No. TastyWorks is designed exclusively for self-directed retail investors and traders. It does not have an institutional arm, does not manage pooled capital, and does not offer advisory services. Its platform is built for high-frequency retail trading of options and futures (per public record).
What are TastyWorks' regulatory exposures?
TastyWorks is regulated by the SEC and FINRA as a broker-dealer. Its primary regulatory risk relates to payment for order flow (PFOF), which the SEC has proposed restricting or banning. Any such ban could materially alter TastyWorks' revenue model, as PFOF accounts for a significant portion of its income (per SEC, 2022–2025).
How does TastyWorks differ from other retail brokers like Robinhood?
TastyWorks focuses specifically on options and futures trading, with a platform optimized for active derivatives users, while Robinhood targets a broader retail stock and crypto audience. TastyWorks also owns a media side (Tastytrade) that produces 12 hours of live educational content daily, whereas Robinhood does not have a comparable media operation (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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