Thomas Peterffy is 75. Charles R. Schwab is 82.
Interactive Brokers' market cap is USD 20 billion.
They both have to hurry if they want to spend their fortune.
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Charles Schwab in talks to buy TD Ameritrade, deal could be announced as early as today
- Thread starter Maverick2608
- Start date
Interactive Brokers' market cap is USD 20 billion.
They both have to hurry if they want to spend their fortune.
Yeah... but my point is why would Schwab want to pull the plug on TOS. That would make very little sense.
I would say that Redundancy in charting is crossing my mind.
I'm thinking Ninja Trader? Anyone else have any thoughts on what to migrate to from a charting standpoint IF Schwab pulls the plug on TOS? (unlikely in my opinion...hoping TOS makes it through)
I would say that Redundancy in charting is crossing my mind.
I'm thinking Ninja Trader? Anyone else have any thoughts on what to migrate to from a charting standpoint IF Schwab pulls the plug on TOS? (unlikely in my opinion...hoping TOS makes it through)
I have Schwab's Streetsmart, ToS, and Ninja Trader. ToS is my favorite, but I'm not married to any of them.Yeah... but my point is why would Schwab want to pull the plug on TOS. That would make very little sense.
I would say that Redundancy in charting is crossing my mind.
I'm thinking Ninja Trader? Anyone else have any thoughts on what to migrate to from a charting standpoint IF Schwab pulls the plug on TOS? (unlikely in my opinion...hoping TOS makes it through)
If a day comes that ToS is scrapped or altered in a way that I don't like, I'll switch 100% to NT and look for a back up.
I agree with your sentiments, makes little sense to pull the plug on an award winning platform (#1 desktop platform 4 years in a row). I don't expect that to happen, but prepared either way.
Monday, November 25, 2019 3:00 am PST
"The Charles Schwab Corporation to Acquire TD Ameritrade"
https://pressroom.aboutschwab.com/p...rles-schwab-corporation-acquire-td-ameritrade
* TD Ameritrade stockholders will receive 1.0837 Schwab shares for each TD Ameritrade share.
* The parties expect the transaction to close in the second half of 2020, and integration efforts to begin immediately thereafter.
"The Charles Schwab Corporation to Acquire TD Ameritrade"
https://pressroom.aboutschwab.com/p...rles-schwab-corporation-acquire-td-ameritrade
* TD Ameritrade stockholders will receive 1.0837 Schwab shares for each TD Ameritrade share.
* The parties expect the transaction to close in the second half of 2020, and integration efforts to begin immediately thereafter.
An all stock deal. Interesting. Wonder if that's good or bad for TD shareholders.Monday, November 25, 2019 3:00 am PST
"The Charles Schwab Corporation to Acquire TD Ameritrade"
https://pressroom.aboutschwab.com/p...rles-schwab-corporation-acquire-td-ameritrade
* TD Ameritrade stockholders will receive 1.0837 Schwab shares for each TD Ameritrade share.
* The parties expect the transaction to close in the second half of 2020, and integration efforts to begin immediately thereafter.
It’s official. Here’s their FAQ link on the merger
https://www.amtd.com/news-and-stori...9/acquisition-information-center/default.aspx
12. Will Schwab retain TDAmeritrade’s tradingplatforms, specifically thinkorswim?
It’s a bunch of weasel language and definitely not a clear “yes”. Hopefully they don’t do something stupid and can it.
https://www.amtd.com/news-and-stori...9/acquisition-information-center/default.aspx
12. Will Schwab retain TDAmeritrade’s tradingplatforms, specifically thinkorswim?
It’s a bunch of weasel language and definitely not a clear “yes”. Hopefully they don’t do something stupid and can it.
Below was for October alone...Let's see what November brings!! I think TDA may have been willing to do the all stock deal because of the assets under management. Like McDonald's making pennies on their soft drinks and burgers. Only a much larger scale...Assets.
Last week, Schwab showed that the free trading is paying off in terms of new client accounts. It said it added 142,000 new brokerage accounts in October, 31% more than the number of new clients added in September and a 7% jump from October of last year. The new accounts brought Schwab’s client assets to a record $3.85 trillion.
Last week, Schwab showed that the free trading is paying off in terms of new client accounts. It said it added 142,000 new brokerage accounts in October, 31% more than the number of new clients added in September and a 7% jump from October of last year. The new accounts brought Schwab’s client assets to a record $3.85 trillion.
Interactive Brokers may also lose clients to Schwab in the US as well as in the UK, Germany, Spain and Switzerland.
If that is the case, we might see Interactive Brokers introduce zero commission also for TWS users (minus direct market access) and possibly also for European clients.
If that is the case, we might see Interactive Brokers introduce zero commission also for TWS users (minus direct market access) and possibly also for European clients.
I seriously doubt any traders or hedge funds will go to Schwab from IB. Sophisticated traders know that free commissions aren’t worth the price of bad execution, and commissions are already quite low. IB has very good execution, Schwab not so much.