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Tom Sosnoff (born March 6, 1957) is an entrepreneur, options trader, co-founder of Thinkorswim [1] and tastytrade, and founder of Dough, Inc. He was senior vice president of trading and strategic initiatives at TD Ameritrade .
Tastytrade co-founder Tom Sosnoff argues that investors ought to consider going against the passive grain and investing actively. But he isn't using returns in his argument.
Sosnoff, who spent 10 years as an options-market maker at the Chicago Mercantile Exchange, created Thinkorswim in 1999 and sold it this year to TD Ameritrade for more than $600 million.
Thinkorswim, Inc. was founded in 1999 by Tom Sosnoff and Scott Sheridan as an online brokerage specializing in options. [2] It was funded by Technology Crossover Ventures. [3] In February 2007, Investools acquired Thinkorswim. [4] In January 2009, it was acquired by TD Ameritrade in a cash and stock deal valued around $606 million.
The company, founded in 2011 by Tom Sosnoff, included the brokerage arm tastyworks, which was rebranded as tastytrade in 2023. [28] [29] [30] In March 2022, IG Group brokered a deal to sell the North American Derivatives Exchange (Nadex) and a 39% stake in the Small Exchange to Foris DAX Markets Inc, which trades as Crypto.com, for $216 million.
TODAY -- Pictured: Al Roker, Sheienlle Jones, Craig Melvin and Dylan Dreyer on Monday, July 10, 2023 -- (Photo by: Nathan Congleton/NBC via Getty Images) Fans of Today were treated to a sweet ...
Khloé Kardashian is the mom and aunt of the year!. On Thursday, Oct. 10, the Good American co-founder, 40, shared clips on her Instagram Stories of her daughter True, 6, and son Tatum, 2 ...
On Sunday, Dec. 1, the son of Tom Cruise and Nicole Kidman, 29, posted a rare selfie to his Instagram Stories of himself and a friend smiling at the Pelican Golf Club in Belleair, Florida. In the ...