New features across desktop, web and mobile platforms innovate the trading experience ahead of thinkorswim availability at Schwab later in 2023
TD Ameritrade continues to release enhancements to its award-winningi thinkorswim trading product suite with a host of new features and services added in the second half of 2022 as TD Ameritrade’s integration with Schwab continues to move forward. Traders using thinkorswim now have a range of new features and tools available to them to make their trading experience more informed, streamlined, and up-to-date, whether they trade on mobile, desktop, or web.
In August 2020, after announcing its acquisition of TD Ameritrade, Charles Schwab announced plans to adopt thinkorswim and integrate its trading platforms, education resources, and tools into its own trader offering. The thinkorswim platform will move to Schwab later in 2023.
“We are working diligently to ensure a successful transition for TD Ameritrade clients moving to Schwab, while at the same time delivering innovation that ensures the best possible trading experience on thinkorswim,” said Barry Metzger, Head of Trading and Education, Charles Schwab. “In addition to our focus on all of the necessary backend work to keep things running smoothly for clients throughout the integration, these latest enhancements to the thinkorswim product suite are a reflection of our commitment to deliver new functionality that traders want.”
New thinkorswim enhancements introduced in the second half of 2022 include:
thinkorswim Desktop:
- Easier search with predictive text in the Live News Search entry. Now, clients can click on the “tag” icon at the top right of the Live News gadget, start typing and watch the magic happen.
- New ways to visualize possible outcomes with our all-new Gann Fans drawing tool. This tool contains a set of lines that “fan out” from single start point, each based on a defined ratio formed via a numerator representing time units and a denominator representing price units; this ratio defines the slope (or the angle) of the line.
thinkorswim Mobile:
- Greater personalization, with the ability to customize your order ticket and the color on a watchlist symbol based on market movement.
- A more unified trading experience, with order defaults that can be set in the mobile Order Editor that will automatically sync to the thinkorswim Web and desktop platforms.
- A more intuitive trade ticket, now with order ticket customization and a new trade confirmation experience.
thinkorswim Web:
- Easier sharing or saving with the ability to copy and paste orders from the thinkorswim Web user interface.
- An easier way to gain long-term context with historic dividends displayed directly on charts.
- A simplified view of option spreads as a single grouping combined in one line item rather than individual legs.
- More information at clients’ fingertips via an enhanced library with 16 additional studies.
- The ability to filter through thousands of securities quickly based on a client’s own search criteria with a simplified version of the Scan feature previously only available on the thinkorswim desktop platform.
In addition to these thinkorswim updates, significant enhancements are coming soon to the digital trading experience on Schwab.com, making it easier for clients to research, place, and monitor trades.
For more information on thinkorswim, visit www.thinkorswim.com.
For more information on integration and trading at Schwab, visit https://welcome.schwab.com/trading.
About TD Ameritrade
TD Ameritrade provides investing services and education to self-directed investors and registered investment advisors. A leader in U.S. retail trading, we leverage the latest in cutting edge technologies and one-on-one client care to help our clients stay on top of market trends. Learn more by visiting www.tdameritrade.com.
Charles Schwab & Co., Inc. (“Schwab”), Member SIPC, is a separate but affiliated company and subsidiary of The Charles Schwab Corporation.
Brokerage services provided by TD Ameritrade, Inc., member FINRA (www.FINRA.org) / SIPC (www.SIPC.org), a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2023 Charles Schwab & Co. Inc. All rights reserved.
i TD Ameritrade was evaluated against 16 other online brokers in the 2023 StockBrokers.com Online Broker Review. The firm was rated #1 in the categories "Platforms & Tools" (12 years in a row), "Mobile Trading Apps," “Trader App,” "Ease of Use," "Beginners," "Customer Service" (2 years in a row), and "Phone Support." TD Ameritrade was also rated Best in Class (within the top 5) for "Overall Broker" (12 years in a row), "Education" (7 years in a row), "Commissions & Fees" (3 years in a row), "Investment Options" (9 years in a row), “Options Trading” (13 years in a row), "IRA Accounts" (4 years in a row), "Futures Trading" (4 years in a row), “Penny Stocks,” “Investor Community,” “Active Trading” (12 years in a row), and "Research" (12 years in a row).
View source version on businesswire.com: https://www.businesswire.com/news/home/20230131005049/en/
Contacts
At the Company
Margaret Farrell
Director, Corporate Communications
(203) 434-2240
margaret.farrell@tdameritrade.com