TD Ameritrade advisors, clients and retail customers have finally learned what form the popular TDA thinkorswim trading platform is taking.
The new Schwab Trading Powered by Ameritrade platform combines thinkorswim with Schwab's trading capabilities on Schwab.com and Schwab Mobile, the company announced Monday.
Schwab described the new, combined platform as a "reimagined trading experience." The platform will be offered "alongside extensive trading education and specialized service designed for traders of all types and levels of expertise," the firm said.
In early August 2020, Schwab said TD Ameritrade's thinkorswim and thinkpipes trading platforms, educational resources and tools would be part of its offering for clients of independent advisors and other investors following the integration of the two firms — along with TD Ameritrade Institutional's portfolio rebalancing solution, iRebal, for registered investment advisors.
