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TD Ameritrade Launches Suite of Enhancements to the thinkorswim Platform


Published on 2012-01-10 05:37:59 - Market Wire
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OMAHA, Neb.--([ ])--TDAmeritrade, Inc. ("TD Ameritrade"), a broker dealer subsidiary of TDAmeritrade Holding Corporation (NASDAQ: AMTD), today announced a suite of enhancements to its [ thinkorswim ] professional-style trading platform. The enhancements give traders more insight into potential price movement to allow them to better compete in the markets.

"Our clients have high expectations. We constantly push ourselves, and our developers, to exceed those expectations. Our bend is towards constantly improving the experience for the serious active trader, and at the same time a" redefining best of breed in trading software."

"Traders expect TD Ameritrade to be a technology leader," said Steve Quirk, senior vice president of TD Ameritrade's Trader Group. aGiving our clients new ways to convert data and information into actionable trading opportunities can help them perform their best. Active traders expect sophisticated tools and content to uncover and quickly move on trading opportunities, and these enhancements give the thinkorswim platform more horsepower and demonstrate our ongoing commitment to innovation.a

This first major set of enhancements since completion of thinkorswimas integration with TD Ameritrade includes a detailed list of new functionality that continues to push the envelope on bringing institutional-quality trading tools to the retail investor. These updates include:

  • Global Currency Mapa" a birdas eye view of the worldas financial markets that allow forex traders to compare the currency of their choice to all of the currencies of its traded pairs. Stacked comparisons offer a fuller look at a currencyas overall performance;
  • Position Statement Volatility a" the Position Statement now features volatility information matched to volatility type so traders can better understand its effect on their portfolio;
  • Improved Market Maker Move a" this tool, which shows potential up and down price moves of a security based on its optionsa volatility, features improved mathematical calculations to keep tradersa tools sharp and to better account for the time until an option expires in a given month. The Market Maker Move is also now available in thinkBackTM, which lets the trader place hypothetical trades at some point in the past to see what their performance might have been;
  • Upgraded Active Trader Ladder Functionalitya" traders can now place marketable limit orders outside of the best Bid or Offer, that is, buy limit orders above the offer and sell limit orders below the bid;
  • Stock Hackera" upgrades to this tool, which allows users to scan the marketplace for securities that meet their precise fundamental and technical requirements, allows investors to more easily search for securities by filtering out inactive symbols and adding more pre-built sets of publicly-viewable scan filters;
  • Options Symbol Selector a" adding option chains to the symbol lookup menu makes alert or chart creation for specific options easier;
  • Studies from aTechnical Analysis ofSTOCKS & COMMODITIESaa" integrated studies featured in this popular publicationas Tradersa Tips section provides easier access to complex chart studies, such as [ SpectrumBars ], [ SemiCupFormation ] and [ PriceZoneOscillator ]; and
  • Range Bars a" a popular charting variety that gives traders another way to track the volatility of a given security by drawing the chart based on price movements rather than time.

Quirk added, aOur clients have high expectations. We constantly push ourselves, and our developers, to exceed those expectations. Our bend is towards constantly improving the experience for the serious active trader, and at the same time a" redefining best of breed in trading software.a

Upon login clients will also see a [ new home screen ] that improves the way traders view and use market data including:

  • Live news headlines;
  • Unique articles by TD Ameritrade staff;
  • Live, streaming CNBC;
  • The Trends Ticker, which highlights securitiesa moves; and
  • Alert and chat usage tracking.

For more information on the thinkorswim platform, please visit [ https://www.tdameritrade.com/tradingtools/thinkorswim.html ].

For the latest TD Ameritrade Holding Corporation news and information, follow the Company on Twitter, [ @TDAmeritradePR ].

TD Ameritrade was ranked #1 and received an overall score of 5 stars (tied for first place with one other broker), in the Kiplingeras Online Broker Ratings, Kiplingeras Personal Finance, 02/2011. Fourteen brokers were rated in the categories: Costs, Web site usability, Investment choices, Customer service, and Research and tools.

TD Ameritrade was evaluated against 23 others in the 2011 Barronas Online-Broker review, March 14, 2011, and was named aBest for Options Tradersa, and one of the aBest for Long-Term Investinga (sharing the highest score with one other broker). TD Ameritrade earned the highest score in the categories of aResearch Amenitiesa and aPortfolio Analysis and Reportsa, and shared the highest score with one other broker in aTrade Experiencea and aRange of Offeringsa. Barronas is a trademark of Dow Jones & Co., L.P. All rights reserved. (Optional: Read the article)

The risk of loss in trading securities, options, futures and forex can be substantial. Clients must consider all relevant risk factors, including their own personal financial situation, before trading.

Backtesting is the evaluation of a particular trading strategy using historical data. Results presented are hypothetical, they did not actually occur and they may not take into consideration all transaction fees or taxes that might be incurred in an actual transaction. And just as past performance of a security does not guarantee future results, past performance of a strategy does not guarantee the strategy will be successful in the future. Results could vary significantly, and losses could result.

Technical Analysis ofSTOCKS & COMMODITIESis a publication of Technical Analysis, Inc.

AMTD-G

About TDAmeritrade Holding Corporation

Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritradeas (NASDAQ: AMTD) [ technology ], [ people ] and [ education ] to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how a" bringing Wall Street to Main Street for more than 36 years. An [ official sponsor of the 2012 U.S. Olympic Team ], TD Ameritrade has time and again been [ recognized as a leader ] in investment services. Please visit TD Ameritradeas [ newsroom ] or [ www.amtd.com ] for more information.

Brokerage services provided by TDAmeritrade, Inc., member FINRA ([ www.FINRA.org ]) /SIPC ([ www.SIPC.org ]) /NFA ([ www.nfa.futures.org) ].

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