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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 was a stockbroker that offered 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. The company received revenue from interest income on margin balances, commissions for order ...
For sophisticated investors, TD Ameritrade offers thinkorswim, a powerful set of investment tools oriented specifically at investors who make frequent or complex trades. If you aren’t looking ...
TD Ameritrade is a full service brokerage, offering online services for most types of investors. There are no minimum requirements to open an account, and there are plenty of research and ...
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.
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.
TD Ameritrade (NASDAQ: AMTD) announced Wednesday the launch of thinkorswim Web, a browser-based version of its award-winning trading platform.Thinkorswim had previously only been available via ...
The first, TD Ameritrade Mobile App, is designed for active traders and allows for real-time data and asset trading. The second, thinkorswim Mobile, offers to chart, watch lists and trading.