TD Ameritrade

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TD AMERITRADE Holding Corporation (NASDAQ: AMTD) is the owner of Ameritrade Inc., the largest online brokerage in America.

Holding Corporation traces back its lineage to a small investment banking firm and First Omaha Securities, Inc. (later Accutrade) in Omaha, Nebraska. Ameritrade Clearing Inc. was established as a clearing broker in 1983, and by 1987 TransTerra Company became the holding company for Ameritrade, and the company was subsequently known as TransTerra Company. In October 1995, Ameritrade acquired All American Brokers. In January of 1996, TransTerra's Accutrade launched "Accutrade® for Windows®," the first online investing system that let individuals partake in program investing and baskehttp://www.omahawiki.org/wiki/index.php?title=TD_Ameritrade&action=editt trading. By May of 1996, TransTerra launched an Internet only broker called eBroker™, and by November, TransTerra Company became Ameritrade Holding Corporation. In March of 1997, Ameritrade became a publicly held company, and its IPO opened at $15 per share. Ameritrade formed Freetrade in November of 2000, which provided commission-free equity market orders. Freetrade has since been replaced by Ameritrade Izone, which now offers $5 equity market orders. In 2001, Ameritrade made two acquisitions: the February acquisition of TradeCast, giving Ameritrade a presence in the business-to-business arena, and the September acquisition of National Discount Brokers Corporation, adding $6.3 billion in client assets. In 2002, Ameritrade merged with Datek Online Holdings Corporation, and raised commissions to $10.99 from $8. Ameritrade purchased Mydiscountbroker.com in June 2003, and client accounts reached 3 million. In 2004, Ameritrade completed the purchase of Bidwell and Company in January, BrokerageAmerica in February, and JB Oxford and Company in October.

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