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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.
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.
In January 2009, TD Ameritrade acquired thinkorswim in a cash and stock deal valued around $606 million. [ 6 ] [ 7 ] [ 8 ] In 2013, the company opened a $250 million headquarters in Omaha. [ 9 ] In 2017, the company acquired the stock brokerage division of Scottrade .
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Firstrade Securities is a stockbrokerage firm and broker-dealer headquartered in Flushing, New York that offers an electronic trading platform to trade financial assets including stocks, exchange-traded funds (ETF), options, mutual funds, and bonds.
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
For example, the price of a share reaches a high of $30.00 on Wednesday, and opens at $31.20 on Thursday, falls down to $31.00 in the early hour, moves straight up again to $31.45, and no trading occurs in between $30.00 and $31.00 area. This no-trading zone appears on the chart as a gap.
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