by Zack Miller on November 14, 2010
While markets continue to confound individual investors as they sit on their hands pondering what to do next, active investors continue to trade and trade a lot. Perhaps that’s why Interactive Brokers ($IBKR) disclosed a tender offer for more than 6% of Tradestation ($TRAD) stock. And it seems to be a good match for a [...]
by Zack Miller on May 24, 2010
It’s always a good idea to check out what’s being advertised to see what the financial product firms are pushing. Some of this is horse-leading-the-cart stuff, but sometimes financial products are developed based on demand for such things. Looking at advertising in the financial industry is a momentum-driven way to look at trends — today’s, [...]
TD Ameritrade CEO on Forbes. Won’t say yes to E*Trade but won’t say no, either.
Well, that’s interesting. Ameritrade, and for that matter, most of the online brokers, are typically slow assimilating new acquisitions and then rolling out technology or services to their existing client base. Not this time. The January 2009 purchase of trading platform, Think or Swim, augered interesting things for the online heavy weight. But the Corporate [...]
by Zack Miller on June 15, 2009
It’s been a truism that the secret to runaway success in technology has always been in platform building. I learned about the intricacies of building platform leadership from a book by the same name, “Platform Leadership” which I read during my MBA. The book by Gawer and Cusumano detailed how Cisco, Intel and Microsoft drove [...]
by Zack Miller on June 9, 2009
Full(er) Service and DIY Investing: Investor Fork in the Road There is no doubt we are witnessing a wholesale exodus of assets out of full-service brokers like Merrill Lynch and Smith Barney. These assets seem to be finding two very different types of homes: boutique investment advisory houses: Built by brokers/advisors who themselves have defected [...]
by Zack Miller on November 30, 2008
Alerts4All, a new product recently launched by Strateer, a financial services startup, brings a ton of functionality for those investors/traders using alerts. The system allows investors to easily set up a whole slew of alerts delivered via email, SMS or RSS. Investors can use typical price movements as triggers but goes further to provide functionality [...]
by Zack Miller on August 14, 2008
As a follow up to my post on July 17th where I profiled SmartStops and the firm’s innovative way of handling trading exit strategies, it appears as if the firm landed a whopper of a partnership with the largest online broker, TD Ameritrade. The agreement brings SmartStops’ BrokerLink, the “ability to have trades automatically executed [...]