Will Schwab Clients be able to use ThinkorSwim post-Aquisition?

Edmond · May 10, 2020

Yes pre Corona...Dec 2019.

formikatrading · May 10, 2020

Personally, I recommend AT LEAST 16gb RAM and an SSD hard drive for TOS, TradeStation, etc.

Atikon said:
Got 8gb Ram a 8gb GPU and it still lags at times when showing the whole option chain. Furthermore counterintuitive. I get that ppl like the strategy builder/probability lab. But I much rather do that in R or Excel

ajacobson · May 10, 2020

It should go just like the oX acquisition. Ran parallel for a while then pluck the best and consolidate. Running side by side would be too expensive. They never lit up the oX API and I would have some doubts that it survives.

VEGASDESERT · May 10, 2020

I hope not, any more users and it will probably have more glitches..

lol.

destriero · May 10, 2020

TDA's client was identical to TOS as the Schwab merger came about. TDA had stopped the TDA client revisions and had been pushing the TOS client all along. Schwab isn't going to throw away all the goodwill associated with TOS. At least I hope not as 20% of my LNW is tied up in TDA.

ajacobson · May 10, 2020

https://www.sec.gov/Archives/edgar/data/316709/000119312520134809/d893414d424b3.htm#rom893414_19

For what it worth the filing was just submitted - few specifics.

TradeTune · May 10, 2020

I talked to charles schwab sales agent, (since Ameritrade doesn't open account in many countries) and he told me by end of 3rd quarter merging is expected to become fully completed.

zdreg · May 10, 2020

TradeTune said:
I talked to charles schwab sales agent, (since Ameritrade doesn't open account in many countries) and he told me by end of 3rd quarter merging is expected to become fully completed.

Fully completed has nothing to do with integrating the platforms, which will take years. Until than Ameritrade customers will trade like they always have.

vanv0029 · May 10, 2020

Schwab Street Smart does not run on Linux. TOS is written
in Java so it does. I hope Schwab offers TOS soon.

systematictrader · May 11, 2020

TradeTune said:
Ameritrade bought TOS for 640$ Million back in thoes days. It worth probably around a $ Billion today.
It Charles Schawb dump it, it would be wased money. It make sense to see Schwab even Improving it further.

But i played around with it last month, i personaly Think IB TWS and Tradestation are both far superior software in term of what functionalities and features they offer. Please prove me wrong ..

I think the ones you mentioned are superior but difficult to use hence the difficulty makes it hard to find the superiority