TD Ameritrade $8.2 Million Arbitration Claim

Discussion in 'Retail Brokers' started by jeb9999, Jan 17, 2012.

  1. Need to register. Otherwise, can't read the article.
     
  2. Been a bad run for the brokerage industry , ain't it?

    Makes Vegas look viva.
     
  3. Just go to Google News and search on "thinkorswim options losses".

    It is the first story and free to read.
     
  4. JamesL

    JamesL

  5. clacy

    clacy

    $8mm is peanuts to TDA. This will be settled uneventfully.
     
  6. freddy222

    freddy222

    Hi all, newbie here.

    I am thinking of opening an account with ThinkorSwim.

    I presume they would also participate in the practice of Hypothentication (just like MF Global and Interactive Brokers)?

    Also could they hypothenticate away my funds/holdings only if I pledged my stock as part of a margin account?

    I'm thinking ThinkorSwim is "safer" than a lot of brokers, given that they have an AA- rated parent in TD bank standing behind them.