Stock trading has come a long way in just over a generation and TD Ameritrade has been a part of that history for more than forty years. It was only thirty years ago that stock trading was still done by calling a stock broker who called a specialist who took part in an auction process that would eventually result in you, the client, owning stock. Although this still happens today, much of the stock trading now takes place using computer technology.
To see how computers have had a remarkable effect on the investment markets, in 1961 the New York Stock Exchange reached trading days of 4 million shares sold. Today, because of new technology, over 4 billion shares are traded on some days.
Because of this new technology, much larger volumes of trades can now take place and more trades means more business for brokers. That extra demand has given rise to a virtually endless supply of online brokers that made the stock market accessible to all consumers at a price they can afford.
In the following TD Ameritrade review, we’ll see what makes this broker tick and why they may be a good fit for your investing needs. Continue Reading