TD Ameritrade is an online brokerage based in Omaha, Nebraska. As of 2008, the company said it had more than 6 million active accounts.
History
The company began in 1975 as a discount brokerage called First Omaha Securities, and grew steadily over the next 30 years through mergers and acquisitions. It took the Ameritrade name in the mid-1990s; in 2006, it merged with TD Waterhouse to become TD Ameritrade.
Fees
As of November 2009, the company charges a flat fee of $9.99 per online stock trade, regardless of the number of shares. Phone orders are $34.99 and broker-assisted orders are $44.99.
Company Stock
Stock in TD Ameritrade Holding Company trades on the NASDAQ exchange under the symbol AMTD. As of November 2009, it had a market capitalization of more than $12 billion.
Community Involvement
The company has bought the naming rights to Omaha's new downtown baseball stadium. TD Ameritrade Park will host the College World Series beginning in 2011.
Competitors
TD Ameritrade has taken swipes at competitor Charles Schwab Corporation in its commercials. Other major rivals include E*Trade and Scottrade.
References
- TD Ameritrade
- Omaha World-Herald: Baseball Stadium Gets a Name
- Yahoo Finance: AMTD
- E*Trade. "Where do I start?" Accessed June 10, 2020.
- TD Ameritrade. "Select an Account." Accessed June 10, 2020.
- TD Ameritrade. "Education." Accessed June 10, 2020.
- E*Trade. "E*Trade Mobile app." Accessed June 10, 2020.
- TD Ameritrade. "Trading Tools & Platforms." Accessed June 10, 2020.
- E*Trade. "Power E*Trade." Accessed June 10, 2020.
- TD Ameritrade. "thinkScript." Accessed June 10, 2020.
- TD Ameritrade. "thinkorswim Trading Platforms." Accessed June 10, 2020.
- TD Ameritrade. "Why TD Ameritrade?" Accessed June 10, 2020.
- TD Ameritrade. "Mutual Funds: Families." Accessed June 10, 2020.
- E*Trade. "Mutual Fund Research." Accessed June 10, 2020.
- E*TRADE Financial. "E*TRADE Rule 606 Disclosure: 4Q2019." Accessed March 18, 2020.
- TD Ameritrade. "Order Execution Quality." Accessed March 18, 2020.
- TD Ameritrade. "TD Ameritrade Clearing, Inc. Member FINRA/SIPC—Fourth Quarter 2019," Page 1. Accessed June 10, 2020.
- E*Trade. "How to trade options." Accessed June 10, 2020.
- TD Ameritrade. "Backtesting." Accessed June 10, 2020.
- TD Ameritrade. "Pricing." Accessed June 10, 2020.
- E*Trade. "Pricing and Rates." Accessed June 10, 2020.
- E*Trade. "Fully Paid Lending Program." Accessed June 10, 2020.
- E*Trade. "Knowledge." Accessed June 10, 2020.
- TD Ameritrade. "Investment Research." Accessed June 10, 2020.
- TD Ameritrade. "Webcasts." Accessed June 10, 2020.
- E*Trade. "Events." Accessed June 10, 2020.
- E*Trade. "Contact Us." Accessed June 10, 2020.
- TD Ameritrade. "Ask Ted." Accessed June 10, 2020.
- TD Ameritrade. "Contact Us." Accessed June 10, 2020.
- E*Trade. "Asset Protection." Accessed June 10, 2020.
- TD Ameritrade. "Account Protection." Accessed June 10, 2020.
- Identity Theft Resource Center. "2019 End-of-Year Data Breach Report." Accessed March 18, 2020.
Writer Bio
Cam Merritt is a writer and editor specializing in business, personal finance and home design. He has contributed to USA Today, The Des Moines Register and Better Homes and Gardens"publications. Merritt has a journalism degree from Drake University and is pursuing an MBA from the University of Iowa.