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April 17, 2009

thinkorswim unveils software-enabled trade sharing platform

thinkShare is to communicate trading ideas, both on live trading and paper money platforms, claims the company

By CBR Staff Writer

thinkorswim, a provider of financial trading technology and an online brokerage division of the thinkorswim Group, has unveiled thinkShare, an advanced web-based and software-enabled trade sharing platform.

According to the company, the trades can be captured, analyzed and acted on through the thinkorswim trading platform. Real-time trades and ideas integrate online with thinkorswim trading platform, said the company.

Tom Sosnoff, president of thinkorswim, said: thinkShare is an easy way for our clients to communicate trading ideas with one another, both on our live trading and paper money platforms.

Andy Swan, founder of MyTrade and thinkorswim technologist, said: With thinkShare retail traders and trade advisors can instantly post any stock, option, futures or FX order to the MyTrade community with a single mouse click. Then, anyone watching for posts can create that same order in their thinkorswim account. The speed with which one customer can create and post a trade and another can copy and enter that order is unprecedented.

thinkorswim, the brokerage arm of thinkorswim Group, is a leading online brokerage and technology provider focused on offering services and a suite of trading platforms for self-directed options traders, active traders, institutional
traders and money managers. thinkorswim customers trade a broad range of products including stock and stock options, index options, futures and futures options, forex, mutual funds and fixed income.

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