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Thinkorswim, Inc. was founded in 1999 by Tom Sosnoff and Scott Sheridan as an online brokerage specializing in options. [2] [3] It was funded by Technology Crossover Ventures. [4] In February 2007, Investools acquired Thinkorswim. [5] In January 2009, it was acquired by TD Ameritrade in a cash and stock deal valued around $606 million.
TD Ameritrade is a stockbroker that offers an electronic trading platform for the trade of financial assets including common stocks, preferred stocks, futures contracts, exchange-traded funds, forex, options, mutual funds, fixed income investments, margin lending, and cash management services. [3] The company receives revenue from interest ...
TD Ameritrade and E*TRADE require $2,000 to open a margin account and Fidelity requires $2,500. TD Ameritrade requires a margin rate of 9.5%, the highest of the three. Fidelity has a margin rate ...
Sosnoff, who spent 10 years as an options-market maker at the Chicago Mercantile Exchange, created Thinkorswim in 1999 and sold it this year to TD Ameritrade ( AMTD )for more than $600 million ...
Finance. Options trading. Entrepreneurship. Alma mater. University at Albany, SUNY. Website. www .tastytrade .com. Tom Sosnoff (born March 6, 1957) is an entrepreneur, options trader, co-founder of Thinkorswim [1] and tastytrade, and founder of Dough, Inc. He was senior vice president of trading and strategic initiatives at TD Ameritrade.
These are some of the good and not-so-good things about TD Ameritrade. Pros. $0 minimum to open an account. Offers over 4,100 mutual funds with no transaction fees. Stocks, ETFs and options are ...
TD Ameritrade Launches Learning Center in thinkorswim ® Platform New Learning Center Help Traders Easily Navigate Through Features, Tools and Quickly Learn About Latest Platform Enhancements ...
Scottrade was a stockbroker and electronic trading platform that operated via mobile, on the web, and at branches. In September 2017, the company was acquired by TD Ameritrade and TD Bank Group, and all Scottrade brokerage accounts were automatically transitioned and converted to TD Ameritrade accounts; the checking and savings accounts that ...