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Thinkorswim, Inc. was founded in 1999 by Tom Sosnoff and Scott Sheridan as an online brokerage specializing in options. [2] It was funded by Technology Crossover Ventures. [3] In February 2007, Investools acquired Thinkorswim. [4] In January 2009, it was acquired by TD Ameritrade in a cash and stock deal valued around $606 million.
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 was a stockbroker that offered an electronic trading platform for the trade of financial assets. The company was founded in 1975 as First Omaha Securities . In 2006, it acquired the United States operations of TD Waterhouse from Toronto-Dominion Bank and was renamed TD Ameritrade.
In 2022, Charles Schwab purchased TD Ameritrade, and along with it, thinkorswim. [12] At the time, thinkorswim as one of the electronic trading platforms TD Direct Investing customers use to perform trades. [13] In light of this, TD Active Trader was announced in 2023 to serve clients that previously used thinkorswim. [14]
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.
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 ...
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 for more than $600 million.
TD Ameritrade web platform: You can do pretty much all trades here, including ones for stocks, bonds, mutual funds, ETFs, and options. ... using the thinkorswim platform is a smart idea because ...