Senior Vice President, Trading
Tom Sosnoff oversees the development of initiatives that influence the growth of the Company's active trader client segment. He is particularly dedicated trading innovations. He is the co-founder of thinkorswim, the ground-breaking online brokerage of thinkorswim Group Inc., which TD AMERITRADE acquired in June 2009. He also serves as a member of the Company's senior operating committee (SOC), which shapes the strategic focus of the organization.
Sosnoff founded thinkorswim in 1999. Leveraging over 20 years of experience as an index market maker on the Chicago Board Options Exchange (CBOE) and as one of the original traders in the S&P 100 Index pit, he sought to educate retail investors in options trading and to build a brokerage-based software platform that specialized in options. His efforts ultimately changed the way these instruments traded by pioneering single-click trading functionality for complex spreads and integrating investor education for advanced option strategies.
Under Sosnoff's leadership, thinkorswim evolved into the industry leader in retail options trading, and a pioneer in investor education services for options, futures and forex trading. In 2009, thinkorswim was rated the #1 overall online broker, "best for frequent traders" and "best for options traders" in Barron's annual ranking of online brokers, the third time in the last four years that it received such a distinction.(1)
Sosnoff continues to advance understanding of the active trading marketplace by speaking often at industry conferences and traveling extensively to teach traders new strategies. He received his B.A. degree in political science from the State University of New York at Albany.
(1)thinkorswim was rated #1 overall online broker, "best for frequent traders," and "best for options traders" in Barron's ranking of online brokers, 3/16/2009. thinkorswim was evaluated versus others in eight total categories, including trade experience/execution, trading technology, usability, range of offerings, research amenities, portfolio analysis & reporting, customer service & access and costs. thinkorswim topped the list in 2009 with the highest weighted-average score. Barron's is a registered trademark of Dow Jones & Company ©2009.
