Charles Schwab: Thinkorswim Now Available & Client Integration Progress

The Charles Schwab-Ameritrade client integration converted about 90% of Ameritrade accounts to Schwab, and the remaining Ameritrade clients are to transition in the first half of 2024. James Kostulias, Managing Director and Head of Trading Services at Charles Schwab discusses the latest on the Charles Schwab integration of Ameritrade clients. He talks about how Thinkorswim is now available at Charles Schwab. He also goes over the Charles Schwab Trader Sentiment Report results, highlighting that in 4Q, 32% of traders are bullish and 53% are bearish, whereas this time last year, 18% were bullish and 68% were bearish. The report shows that traders are relatively bullish on value stocks, A.I. stocks, and fixed income investments. Tune in to find out more about Charles Schwab and the stock market today.