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| Available in | English |
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| Type | Electronic trading platform |
| Website | trade |
Thinkorswim is an electronic trading platform owned by Charles Schwab Corporation used to trade financial assets. It is geared for self-directed stock, options and futures traders.
History
Thinkorswim, Inc. was founded in 1999 by Tom Sosnoff and Scott Sheridan as an online brokerage specializing in options. It was funded by Technology Crossover Ventures. In February 2007, Investools acquired Thinkorswim. In January 2009, it was acquired by TD Ameritrade in a cash and stock deal valued around $606 million. In October 2020, Charles Schwab Corporation acquired TD Ameritrade and the thinkorswim platform became available for Charles Schwab customers.
References
- ^ Miao, Hannah (October 16, 2023). "Schwab Gives Traders Access to TD Ameritrade's Thinkorswim Platform". The Wall Street Journal.
- "Thinkorswim founders bring new online brokerage". Chicago Tribune. January 6, 2017.
- "Technology Crossover Ventures: thinkorswim". Technology Crossover Ventures.
- "Investools Inc. Completes Merger with thinkorswim Group Inc., Announces Upcoming Ticker Symbol Change to 'SWIM'" (Press release). marketscreener.com. February 15, 2007.
- "TD Ameritrade buying thinkorswim for $606 million". Reuters. January 8, 2009.
- Ortega, Edgar (January 8, 2009). "TD Ameritrade Buys Thinkorswim to Expand in Options". Bloomberg News.
- "TD Ameritrade to buy thinkorswim for $606 million". Pittsburgh Post-Gazette. Associated Press. January 8, 2009.
External links
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