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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.
In an era when so many things have gone so wrong on Wall Street, the story of options trader Tom Sosnoff stands out as one thing that's gone right. Sosnoff is co-founder of online brokerage firm ...
What Happened: Launched last year, the Small Exchange was founded after CEO and President Donald Roberts, alongside Tom Sosnoff, founder and co-CEO of tastytrade, reflected on their experiences ...
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.
Those jumping on the Trump trade bandwagon are “making a huge mistake,” Sosnoff added. “This thing is going to go back and forth” and could be a money-losing trade, Sosnoff warned.
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