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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 .
But Tom Sosnoff, co-founder of Tastytrade and co-founder and CEO of Tastylive, has made a career believing investors shouldn’t just sit back and relax in passive funds. He earned his trading ...
Tastytrade founder Tom Sosnoff imposes a "no high-fives rule" among his senior managers. ... Tastytrade CEO's 'No High-Five Rule' And How It Keeps Him Grounded. April 30, 2021 at 8:50 AM ...
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 ...
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.
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.
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.
Drexel Burnham Lambert Inc. was an American multinational investment bank that was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken.