Here I was trying to figure out how to use TOS for entries and Schwab to execute. Okay im so flipping happy!
This is competition at its finest and it's gonna get ugly but they're either about to innovate or die.
Well, yeah maybe, either way we're going to see lol. I think it's good overall. You have to really think though, would they make such a leap as this w/o thinking about something like that first. Surely they're not that oblivious to at least entertain and hopefully justify the short-mid term ramifications of such an execution as this move.ThinkorSwim needs to be profitable and make money, or the platform will start to degrade and suffer lag. I am not sure this is good news.
ThinkorSwim needs to be profitable and make money, or the platform will start to degrade and suffer lag...
I am not sure this is good news.
I don’t know about that. TD can’t just all of a sudden say, “oh shoot, hurry get on Twitter and tell them no commissions either”. This stuff takes time. I’m sure both companies knew.Sounds great, but...
How does AMTD make up for the revenue shortfall? Sell Order Flow? Slash Support?
FYI, according to news reports, you can blame SCHW...AMTD had to react and ended up down 25.76% today...
Thanks for the tip... Unfortunately, there aren't any 606's on file with the SEC for AMTD that I can seePull up the TDAmeritrade 606 report on the SEC and that should answer your questions on revenue.