TradeZero Announces New Chief Financial Officer for TZ Clear
Brooklyn, New York and Dallas, Texas, January 9, 2025
TradeZero Holding Corp. (“TradeZero”) – which operates multiple broker-dealer subsidiaries that provide next-generation online trading platforms– has announced that TZ Clear LLC, TradeZero’s correspondent clearing firm subsidiary, has hired a new chief financial officer, Nicolette Denney.
Nicolette (“Nikki”) Denney’s career spans over 30 years, during which she has held pivotal roles such as CEO, CFO, CCO, and Director of Trading for various financial firms. From clearinghouses to retail, institutional, and M&A firms, her career embodies a remarkable wealth of experience helping firms to build their business models, positioning her to assist in driving strategic growth at TZ Clear LLC.
“I’m thrilled to join a team with such a strong vision. TradeZero has a great team, a clear mission, and a vibrant sense of community,” said Denney.
Ila Jehl, CEO of TZ Clear LLC, commented “We are thrilled to have Nikki join the clearing management team.”
About TradeZero
TradeZero was founded in 2015 by a team who leveraged their decades of collective trading and operational experience to build an innovative, next-generation trading platform tailored to the needs of the active trader community.
TradeZero Inc. launched in 2015 from the Bahamas, followed by TradeZero America, Inc. in 2018 and TradeZero Canada Securities ULC in 2022. Over the years, TradeZero has become a prominent name in online trading for active retail traders, offering tools designed to enhance trading efficiency and precision. Continuing its global expansion, TradeZero Europe is set to launch in the Netherlands in 2025, further solidifying TradeZero’s presence as a leading platform for active traders.
Services and Capabilities
Through its broker-dealer subsidiaries, TradeZero offers a suite of advanced trading platforms available in desktop, web-based, and mobile versions. These platforms provide retail traders with access to professional-grade market tools, including commission-free and extended hours trading (4 am to 8 pm ET), with market access to U.S. stocks and options.
One of TradeZero’s standout features is its proprietary, patented short locator, which enables clients to source regular locates, single-use locates and pre-borrows for non-easy-to-borrow securities. If a locate is no longer needed, a client may credit it back to the TradeZero network through the locator tools, and potentially recover some of the fee initially paid.
TradeZero has been recognized with industry awards, including Best Brokerage for Short Selling by the Benzinga Global Fintech Awards for five consecutive years (2020–2024) and Best Paper Trading Platform in 2024.
TradeZero Platform Offerings: ZeroPro, ZeroWeb, ZeroFree, and ZeroMobile
TradeZero’s array of trading platforms, including ZeroPro, ZeroWeb, ZeroFree, and ZeroMobile, cater to a broad spectrum of trader needs.
ZeroPro is a powerful and feature-rich platform designed specifically for active traders. As a fully customizable Windows platform, it offers advanced features such as Level 2 & order entry, trailing stops, short locates, options, watchlist, and real-time charting.
ZeroWeb extends ZeroPro functionality to a browser-based environment, offering traders the flexibility of Windows-like layout customization with the ability to work across multiple monitors by spreading out the browser window. Features include dynamically updating watchlist windows that can be moved vertically within a layout column or horizontally across columns, Benzinga’s ‘Why is it moving’ news feed, locates, Level 2, and multi-language platform functionality.
ZeroFree provides a user-friendly, real-time streaming web platform for new to intermediate traders. With customizable layouts and top features from the TradeZero suite of tools, it combines flexibility with robust trading features, all accessed within a user-friendly web application.
Complementing the TradeZero trading experience is ZeroMobile, built for traders on the move. A powerful mobile trading app that works in tandem with ZeroPro, ZeroWeb, and ZeroFree, allowing all trading activities to be replicated across both platforms bidirectionally. Features include trailing stops, watchlist, symbol detail, dynamically updating candlestick, OHLC, or line charts (viewable in either portrait or landscape mode), options, locates, and hotkeys.
Community Education and Engagement
In addition to trading and brokerage services, TradeZero supports its trading community with easy access to trading education. TradeZero hosts weekly interactive TradeZero Live Sessions hosted by industry professionals. These live and interactive sessions cover topics such as risk management, technical analysis, market analysis, strategies, traders’ mindset, and are available for free to participants.
TradeZero is also committed to making a positive impact in its communities by supporting a variety of charities.
About TZ Clear LLC
TZ Clear LLC is a broker dealer registered with the Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority. TZ Clear LLC helps to empower institutional customers through the provision of clearing and custody services, securities locate and borrowing services, and industry-leading technology.