TD Ameritrade Holding Corporation (AMTD) Financial News - TD Ameritrade Says Thinkorswim Integration Causing ‘Issues’

TD Ameritrade Holding Corporation (AMTD)

TD Ameritrade Says Thinkorswim Integration Causing ‘Issues’

Quote: TD Ameritrade Holding Corp. (AMTD) said some of its clients are experiencing issues with electronic trades after the company integrated its Thinkorswim options broker this past weekend. “In general the integration has gone well, with all clients able to place trades on our platforms,” Kim Hillyer, a spokeswoman for TD Ameritrade, wrote in an e-mail to Bloomberg News. “However, we are experiencing some issues, impacting a subset of clients and their ability to place trades electronically.” Hillyer said she couldn’t give further details about the issues. She said Omaha, Nebraska-based TD Ameritrade identified the problem and is “actively working to resolve it.” integration last weekend, according to Hillyer. TD Ameritrade bought options brokerage Thinkorswim Group Inc. for $749 million in 2009 to expand beyond equities. New Yorkwkisling@bloomberg.netmcollinss45@bloomberg.net. nbaker7@bloomberg.net. ...
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TD Ameritrade Holding Corporation Stock Summary

We are a leading provider of securities brokerage services, with retail brokerage representing the vast majority of our business. The Company was established in 1971 as a local investment banking firm and began operations as a retail discount securities brokerage firm in 1975. The Company is a Delaware corporation. Operations We are a leading provider of securities brokerage services and technology-based financial services to retail investors and business partners, predominantly through the Internet, a national branch network and relationships with one of the largest groups of independent Registered Investment Advisors (“RIAs”). Our services appeal to a broad market of independent, value-conscious retail investors, traders, financial planners and institutions. We use our efficient platform to offer brokerage services to retail investors and institutions under a simple, low-cost commission structure.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f11%2f26%2f0000950137-07-017708.html#FIS_BUSINESS"