Waterhouse Online Stock Trading refers to the online stock trading services offered by TD Waterhouse U.S.A. However, TD Waterhouse has merged with Ameritrade and the company formed as a result of this merger is known as TD Ameritrade.
TD Ameritrade Holding Corporation owns TD Ameritrade Inc. In terms of number of online stock trading taking place every day, TD Ameritrade is the biggest online stock brokerage firm in the world.
39% of the stake of TD Ameritrade is held by the TD Bank. TD Ameritrade is involved in the trading of stocks, bonds, certificates of deposit (CDs), mutual funds, and exchange traded funds (ETFs).
The products and services offered by TD Ameritrade can be categorized into the following types:
- Portfolio & Accounts
- Trade
- Research & Ideas
- Planning and Retirement
- Trading Tools
- Client Services
TD Ameritrade focuses on the market data of the New York Stock Exchange (NYSE) and the NASDAQ.
Any type of domestic stock can be traded with the help of online stock trading services of TD Ameritrade. TD Ameritrade provides a number of methods of placing the orders of buying or selling a stock. The online process offered by TD Ameritrade is quick and convenient.
With the help of TD Ameritrade Online Stock Trading Services, the stock orders can be placed in the following ways:
- Online
- Interactive Voice Response (IVR) Phone System
- With the assistance of a licensed TD Ameritrade stock broker
- Wireless Device
Up to 50 buying or selling orders can be saved and placed later.
The conditional orders offered by TD Ameritrade can be categorized into three types:
- One Cancels Another or OCA
- One Triggers Another or OTA
- One Triggers Two or OTT
With the help of conditional orders, stock trading can be done efficiently and the risks can be minimized.
Online stock traders also get the facility of extended hours trading before, as well as after the regular market schedule. TD Ameritrade facilitates the trading of Over The Counter Bulletin Board (OTCBB) or pink sheet securities.
TD Ameritrade provides a wide range of online stock trading tools which proves to be helpful for the investors and they are as follows:
- Partner tools
- QuoteScope
- Advanced Analyzer
- StrategyDesk
- Market Motion Detector
- Command Center 2.0
Contact Details:
TD Ameritrade Inc.
Existing Clients
P.O. Box 2209
Omaha, NE 68103-2209
New Accounts
P.O. Box 2760
Omaha, NE 68103-2760
Tel: 800-669-3900
Fax: 816-243-3769