CHICAGO and NEW YORK, Feb. 27, 2009 (GLOBE NEWSWIRE) -- thinkorswim, Inc., the financial trading technology pioneer and online brokerage division of thinkorswim Group Inc. (Nasdaq:SWIM), ranked #1 for reliability of broker-assisted and electronic trades, execution speed, and overall satisfaction of electronic trades, according to the American Association of Individual Investors (AAII) Member Broker Survey for 2008. thinkorswim also ranked #2 for trade price and overall satisfaction of broker-assisted trades.
"This is a real honor. But wait until you see what we're building in 2009," said Tom Sosnoff, President of thinkorswim. "We are absolutely focused on delivering cutting-edge tools to active traders, such as single-click multiple order control, advanced robotic trading systems, strategy backtesting and customizable market scans. And our educational resources are being expanded with timely trading and risk management strategies for these volatile markets. We intend to continue to lead the industry into a new, exciting era of opportunity for retail investors and traders."
The survey queried AAII members about their use of discount brokers. The survey asked members to rate their satisfaction with their broker on a number of specific criteria. More than 50 discount brokers received comments from AAII members; the most popular 13 were culled from that list. AAII's February 2009 issue of AAII Journal contains the entire "2009 Discount Broker Guide" and can be found at aaii.com. Registration and membership are required to view the survey results online.
About thinkorswim, Inc.
thinkorswim, Inc., the brokerage arm of thinkorswim Group Inc. (Nasdaq:SWIM), 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. thinkorswim provides unique front-end trading platforms that allow customers to trade electronically, sophisticated analytical and research tools, and fast, efficient order execution for even the most complex trading strategies. The products and services offered by thinkorswim have received numerous accolades from third parties including Barron's ranking as its top rated software-based online broker and "best for options traders" (March 6, 2006 and March 5, 2007) and second overall on March 15, 2008. thinkorswim was evaluated versus others in eight total categories including investment types that can be traded, the quality of screeners provided to sort through stocks, options, or funds, the consumer-friendliness of trading screens, overall ease-of-use and ability to be customized. thinkorswim topped the list on 2006 and 2007 with the highest weighted average score. Barron's is a registered trademark of Dow Jones & Company(c) 2006, 2007, 2008.
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For more information about thinkorswim visit www.thinkorswim.com or call 1-866-839-1100.
For more information on Investools, thinkorswim Group Inc.'s education division, visit www.investools.com.