TD Ameritrade Launches Trading Functions Through Twitter
- TD Ameritrade's bot for Twitter is driven by an artificial intelligence (AI) technology.
US-based brokerage firm TD Ameritrade, a broker-dealer subsidiary of TD Ameritrade Holding Corporation, has beefed up its offering for tech savvy investors, announcing Thursday that clients can now use Twitter direct messages to trade stocks and ETFs.
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TD Ameritrade's bot for Twitter is driven by an artificial intelligence (AI) technology that serves as a virtual assistant to allow the company communicate with its customers. It resembles the one it launched in August and enabled customers from trading Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term-traded funds using Facebook’s messenger services.
TD Ameritrade, as well as several U.S. discount brokers, are enhancing their offering to attract digitally savvy and younger investors, as a slew of emerging micro-investing apps like Robinhood now offer mobile apps that let beginners buy and sell public stocks without trading fees.
TD Ameritrade clients can also make deposits, access quarterly performance video statements, news and events, quotes and sector information, and receive weekly alerts that rehash market moves, the company says.
The firm’s Twitter “chatbot” is smart enough to recognize intent and make recommendations based on user interactions and social sentiment, powered by LikeFolio.
Sunayna Tuteja, director of emerging technology and innovation at TD Ameritrade said: “We have to go to where our customers are,” said. “A lot of people consume their news on Twitter and the new offering is about making trading more accessible and easier.”
Sunayna added that the new products are taking their customers’ experience to a whole new level, and that it further help investors “gather news, do their research, get real-time quotes, and take action — all without leaving the Twitter Direct Message platform."
US-based brokerage firm TD Ameritrade, a broker-dealer subsidiary of TD Ameritrade Holding Corporation, has beefed up its offering for tech savvy investors, announcing Thursday that clients can now use Twitter direct messages to trade stocks and ETFs.
Discover credible partners and premium clients at China’s leading finance event!
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TD Ameritrade's bot for Twitter is driven by an artificial intelligence (AI) technology that serves as a virtual assistant to allow the company communicate with its customers. It resembles the one it launched in August and enabled customers from trading Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term-traded funds using Facebook’s messenger services.
TD Ameritrade, as well as several U.S. discount brokers, are enhancing their offering to attract digitally savvy and younger investors, as a slew of emerging micro-investing apps like Robinhood now offer mobile apps that let beginners buy and sell public stocks without trading fees.
TD Ameritrade clients can also make deposits, access quarterly performance video statements, news and events, quotes and sector information, and receive weekly alerts that rehash market moves, the company says.
The firm’s Twitter “chatbot” is smart enough to recognize intent and make recommendations based on user interactions and social sentiment, powered by LikeFolio.
Sunayna Tuteja, director of emerging technology and innovation at TD Ameritrade said: “We have to go to where our customers are,” said. “A lot of people consume their news on Twitter and the new offering is about making trading more accessible and easier.”
Sunayna added that the new products are taking their customers’ experience to a whole new level, and that it further help investors “gather news, do their research, get real-time quotes, and take action — all without leaving the Twitter Direct Message platform."