TD Ameritrade is enhancing its thinkorswim trading product suite with a host of new features and services.
The Charles Schwab Corporation announced today that its net income for the fourth quarter of 2021 was a record $1.6 billion.
Steve Quirk will be acting as Chief Brokerage Officer to oversee broker-dealers Robinhood Financial and Robinhood Securities.
As the integration of TD Ameritrade with Charles Schwab progresses, enhancements to the trading platform offer a more personal experience.
The Schwab Starter Kit offers a new experience to provide beginner investors with $50 to split across the top five stocks in the S&P 500.
Schwab estimates acquisition and integration-related costs and capital expenditures related to the integration of TD Ameritrade to be around $1.6 billion.
Record client trading activity, and the addition of TD Ameritrade, led to an 88% increase in Schwab’s trading revenue to $1.4 billion.
Schwab has commenced reduction of overlapping or redundant roles across the two firms and rationalization of branch locations.