20 November 2017
visit www.aciworldwide.com

TD Ameritrade unveils paper trading technology

06 May 2010  |  6829 views  |  0 Source: TD Ameritrade

TD Ameritrade Holding Corporation (NASDAQ: AMTD) today announced that it has launched thinkOnDemand, a new, innovative way for retail traders and investors to paper trade, or trade using simulated cash and positions.

thinkOnDemand provides users with tick-by-tick intra-day prices that can be replayed at any time - hours, days and weeks after they have occurred - without leaving the live trading platform. In its simplest terms, thinkOnDemand is like a personal digital video recorder (DVR) for traders.

Users of the thinkorswim from TD AMERITRADE trading platform can use thinkOnDemand to paper trade stocks, futures, forex and options. Because thinkOnDemand is completely integrated into the live trading platform, traders can also move back and forth between thinkOnDemand paper trading and live trading with a single click. Traders can select any date from the previous four months and replay, fast forward and pause the archived market data, enter simulated trades and see the hypothetical results.

"This is a tremendous breakthrough for traders and one of the most innovative tools we have ever developed," said Tom Sosnoff, senior vice president of TD AMERITRADE's Trader Group. "Paper trading and back-testing are popular and effective methods for becoming a more educated, disciplined trader. We've integrated the two and made them more useful and intuitive. This new technology clearly demonstrates our commitment to leading the industry with useful, integrated trading technology, and making it available to the growing active trader market."

thinkOnDemand complements six software releases that have recently added new functionalities and resources to the thinkorswim from TD AMERITRADE trading platform, including:

* Gadget 360, which displays complex options data in an easy-to-interpret graphical form;
* Extraordinary order control for the active trader;
* Live-from-the-floor Market Cast squawk box, and custom position grouping; and
* Access to even more charts, futures, options and forex, as well as more analytics, alerts and news.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.ncr.comvisit https://www.niceactimize.com

Top topics

Most viewed Most shared
Ripple boss predicts central bank adoption of blockchainRipple boss predicts central bank adoption...
17012 views comments | 25 tweets | 28 linkedin
Singapore central bank open sources blockchain prototypesSingapore central bank open sources blockc...
12477 views comments | 15 tweets | 29 linkedin
AmEx partners Ripple and Santander for blockchain-enabled cross-border paymentsAmEx partners Ripple and Santander for blo...
10665 views comments | 15 tweets | 39 linkedin
Digital receipt startup Flux scores game-changing deal with BarclaysDigital receipt startup Flux scores game-c...
10314 views comments | 20 tweets | 36 linkedin
UK cryptocurrency exchange startup launches debit card for spending bitcoinUK cryptocurrency exchange startup launche...
8737 views comments | 26 tweets | 37 linkedin

Featured job

Find your next job