thi nkMoney
08
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A Quick Howdy
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www.thinkorswim.com
EDITORIAL DIRECTOR
Kevin Lund
EDITOR
Thomas Preston
ART DIRECTOR
Tom Brown
ASSISTANT EDITOR
Jennifer Agee
DESIGNER
Jennifer Roberts
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CONTRIBUTING WRITERS
Thomas Preston, Tony Battista
Mark Ambrose, Kendall Hamilton
CHIEF PHOTOGRAPHER
Fredrik Broden
PHOTOGRAPHY STYLIST
Julie Whitmire
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PUBLISHER
Kevin Lund
T3 Publishing, LLC
Email: info@t3publishing.com
www.t3publishing.com
edit.
A Note from
the Prez
ADVERTISING CONTACT
sales@t3publishing.com
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the products and services you get
for free, such as live data, news, the
trading platform, service, etc. In fact,
TD Ameritrade does not currently
charge for any of its platforms,
either. You’ll always be able to call
our trade desk for help. We’ll going
to be adding a number of experienced traders to our desk to handle
the increasing trading volume and
support requests.
The product development
schedule will also proceed full-steam ahead. Our development
team is going to remain intact, and
we’ll continue to hammer out new
releases, with enhancements and
trading toys, every month as we
always have. And yes, you’ll still be
able to trade complex option
spreads, futures, and FX on the
platform. We’ll even continue to
expand the list of products you
can trade. As for the option margins and ability to trade in IRAs,
that will stay the same.
We’ll also be expanding our
educational products
and classes to a much
wider audience, as well
as the number of advisors that we will support for auto-trading.
The bottom line–
this monkey ain’t going
anywhere. Now, I have
to get back to answering emails.
You’ve probably already heard
the news that TD Ameritrade is
in the process of buying thinkor-
swim. So, let me take this opportu-
nity to answer some questions that
I get asked frequently.
The main thing people want to
know is whether we’ll still be sending out the monkeys. That’s a board
decision. As of this writing, it’s about
40% for and 40% against. We’re
working hard to get the majority of
the remaining 20% to the pro-mon-key side by the next meeting. We
think we’ll be able to pull it off.
Then, what about commissions?
There has been a lot of thought
about that, and although we can’t
make any guarantees, we believe
that TD Ameritrade will treat this as
it has its other acquisitions and
grandfather in everybody’s existing
TOS rate. Also, there are no plans
whatsoever to charge any fees for
Yours truly,
Tom Sosnoff
President, thinkorswim
Now, more
than ever,
we want to
hear from
you! Please
send your
thoughts and
opinions to
editor@think
moneymag.com