TradeZero USA Inc. Acquires Koonce Securities LLC
August 4, 2023
TradeZero USA Inc., a subsidiary of TradeZero Holding Corp., completed the acquisition of Koonce Securities LLC on August 4, 2023. The purchase gives TradeZero in-house clearing capabilities, enabling its broker-dealer subsidiaries to self-clear trades and improving client experience and operational control.
- Buyers
- TradeZero USA Inc., TradeZero Holding Corp.
- Targets
- Koonce Securities LLC
- Industry
- Financial Services
- Location
- Maryland, United States
- Transaction Type
- Buyout
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