TD AMERITRADE History
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2000 |
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November – Freetrade is formed as the "virtual" broker operating exclusively over the Internet. Freetrade.com provides commission-free Internet equity market trades and low-cost commission on option orders to the experienced individual investor.
October – Ameritrade Institutional Services (AIS) is offered to investment professionals at one of the lowest commission rates in the industry, charging $8 for Internet equity market orders and stop and limit orders for just $5 more.
June – Ten Bagger Inc., the maker of the BigEasy Investor, a user-friendly stock research product is acquired.
June – OmniSky and Ameritrade allow individuals to retrieve real-time quotes and market information; access their accounts; and place equity orders from their personal digital assistants (PDA) and OmniSky service. |
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1999 |
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December – Ameritrade launches the Online Investor Index, the first daily measurement of the behavior of online investors.
September – Ameritrade announces it will offer extended hours trading.
June – The Company announces a three-for-one stock split.
February – Ameritrade Holding announces a two-for-one stock split.
October – An agreement with Sprint PCS enables customers to access their Ameritrade accounts, place trades and receive stock alerts using the Sprint PCS Wireless Web. The two-way transactional service is the first of its kind via wireless phones. |
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1998 |
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August – Ameritrade introduces Darwin: Survival of the Fittest, the first interactive, CD-ROM-based options trading simulator.
July– Ameritrade Holding announces a two-for-one stock split.
February – Ameritrade Holding conducts its first annual meeting.
January– The clearing firm of Ameritrade Holding changes its name to Advanced Clearing, Inc.
August – Ameritrade partners with PostX to offer the world's first electronic trade confirmations.
July – Ameritrade Holding announces a partnership with Data Broadcasting for Internet-delivered stock quotes. |
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1997 |
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March – Ameritrade's IPO opens with an initial price of $15 per share (split adjusted: $1.25).
February – Ameritrade Holding Corporation files its registration statement with the SEC with respect to its initial public offering (IPO).
October – Ameritrade Holding launches Ameritrade, Inc., incorporating the most popular features of Aufhauser, Ceres, and eBroker in one firm and offering breakthrough pricing of $8 Internet trades.
April – Ameritrade Holding announces the development of OnMoney®, an Internet-based financial services mall. |
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