The purchase helped Ameritrade become the largest brokerage dealer in the number of daily trades.Ģ006: Acquisition of TD Waterhouse from Toronto Dominion Bank Financial Group. The M&A transactions include:Ģ001: Acquisition of National Discount Brokers Corporation for $154 million.Ģ002: Acquisition of Datek Online Holdings Corporate. Over the years, the company completed various mergers and acquisitions transactions as a way of expanding its reach in the market. Mergers and Acquisitions by TD Ameritrade In 1999, Ameritrade became the first company to offer trading via a mobile device. The company was listed under the symbol AMTD. TD Ameritrade held its initial public offering in 1997, which was followed by the merging of all the company’s brokerage units into one large broker-dealer, Ameritrade Inc. The acquisition provided TD Ameritrade with a bigger platform to ensure a seamless trading experience for investors. Aufhauser was the first to provide online securities trading in 1994. With the introduction of online trading, TD Ameritrade acquired K. In 1983, it was one of the first companies to offer touch-tone phone trading that made investing a lot easier and quicker. to provide correspondent clearing services for both brokers and investment advisors. In 1983, the founders established Ameritrade Clearing Inc. It was established by Joe Ricketts along with three other partners. Securities and Exchange Commission banned the practice of fixed brokerage commissions. TD Ameritrade was established in 1975 when the U.S. The initials “TD” are derived from the name Toronto-Dominion Bank, which is the largest shareholder in the company. TD Ameritrade is headquartered in Omaha, Nebraska, and operates a major trading center in St.Louis, Missouri. Customers can trade these financial securities on their computer or via mobile phone applications. Investors use the company’s electronic trading platforms to buy and sell securities such as stocks, ETFs, mutual funds, options, futures, foreign exchange, and fixed-income investments. The company hosts over 11 million customer accounts from across the world. TD Ameritrade is a publicly-traded online brokerage that provides services to both individuals and institutions that invest online.