Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

TD Ameritrade Says Thinkorswim Integration Causing ‘Issues’

Aug. 16 (Bloomberg) -- TD Ameritrade Holding Corp. 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.”

The online broker brought more than 250,000 Thinkorswim accounts to the TD Ameritrade platform in the final integration last weekend, according to Hillyer. TD Ameritrade bought options brokerage Thinkorswim Group Inc. for $749 million in 2009 to expand beyond equities.

To contact the reporters on this story: Whitney Kisling in New York at wkisling@bloomberg.net; Margaret Collins in New York at mcollinss45@bloomberg.net.

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.