TD Ameritrade

TD Ameritrade

TD Ameritrade is a broker that offers an electronic trading platform for the trade of financial assets including common stocks, preferred stocks, futures contracts, exchange-traded funds, options, cryptocurrency, mutual funds, and fixed income investments. It also provided margin lending, and cash management services.

The company was based in Omaha, Nebraska with major trading centers in Southlake, Texas and St Louis, Missouri.

On November 25, 2019, it was announced that Charles Schwab Corporation plans to acquire TD Ameritrade for $26 billion in an all-stock deal

As of March 31, 2020, TD Ameritrade had more than 12 million client accounts and client assets of approximately $1.2 trillion. In fiscal 2020 second quarter, the company executed an average of 2.1 million daily average revenue trades per day.

In fiscal 2019, the company derived 33.3% of its revenues from commissions and fees including payment for order flow, 28.5% of its revenues from the company's bank deposit account program, 25.5% of revenues from interest, 9.7% from investment product fees, and 3% from other sources.
References
https://en.wikipedia.org/wiki/TD_Ameritrade