Schwab's Game-Changing Move: Thinkorswim Access for Traders

Charles Schwab has announced its plan to merge TD Ameritrade and Thinkorswim capabilities into a new platform called Schwab Trading Powered by Ameritrade. This move will provide all Schwab clients with access to Thinkorswim for the first time. Schwab plans to retain key features of Thinkorswim, including Thinkorswim Desktop, Thinkorswim Mobile, and Thinkorswim Web, as well as its programming language, advanced charting, paper trading simulator, and chat rooms. The integration is expected to be completed in a few months, and Schwab will also incorporate TD Ameritrade's investing education tools and resources into its own site.