Registration Open Now Through October 2,
2017
For college students interested in gaining real-world trading
experience, TD Ameritrade1, announced today open registration for
the fourth-annual thinkorswim Challenge. This year’s competition
features new registration options - students may now form smaller
trading teams than in previous years - and will offer upgraded
educational tools to participating teams.
Undergraduate students interested in participating in the
virtual trading competition can, now through October 2, 2017,
register themselves and team members for the thinkorswim
Challenge.
The thinkorswim Challenge is offered through TD Ameritrade U, an
award-winning2 educational program for professors and college-run
organizations that provides free access to paperMoney®, the virtual
trading version of the thinkorswim desktop and mobile applications
– both of which are recognized as advanced technology for
sophisticated traders.3
“TD Ameritrade U has brought financial education and real-world
trading opportunities to more than 500 universities across 50
states since its launch,” says Lee McAdoo, managing director of
education at TD Ameritrade. “Approximately 500 professors have
adopted TD Ameritrade U as a teaching strategy, which has helped us
reach more than thirty-thousand students in the past two years
alone.”
TD Ameritrade’s 2017 Young Money survey found that 1 in 5 young
millennials have started investing in the stock market, while
almost half of those who are not investing say they don’t know how
to invest. Through the thinkorswim Challenge, TD Ameritrade has
made headway in getting thousands of students involved in learning
about the markets. Of all the students who have tapped into TD
Ameritrade U over a four-year period, one in six has participated
in the thinkorswim Challenge.
“TD Ameritrade recognizes the need for further financial
education in schools, as well as access to trading platforms that
would allow students to test their trading theories,” added McAdoo.
“TD Ameritrade U and the thinkorswim Challenge has become that
outlet for students, providing them with additional preparation for
future real-world investing and trading.”
New to the thinkorswim ChallengeTD Ameritrade U wants to
make the thinkorswim Challenge more widely available to all college
students, so for the first year ever, students may register in
teams of two individuals. By allowing students to assemble in pairs
of two, the hope is to bring the Challenge to a wider student
network. Interested students will still have the option to register
in teams of three and four, as they have had in the past. In 2016,
team enrollment was up 11 percent from the year prior with a total
of 726 teams participating in the trading competition.
TD Ameritrade U will also make its newly enhanced educational
tools available to participating teams of students. Each year,
students have access to TD Ameritrade’s full trading support system
including 24/7 expert assistance, chat room support, trading demos
and in-platform webcast streams. TD Ameritrade recently made
advancements to the daily thinkorswim webcast, Swim Lessons,
transforming it from a listen-only channel to an in-platform, live
video stream. Students will now have the opportunity to watch their
favorite Swim Lessons presenters each day, as well as special
guests and TD Ameritrade experts, talk about market events and
trading strategies.
Accepting the TD Ameritrade U thinkorswim ChallengeTo
participate, teams made up of two to four individuals who are
students at the same postsecondary educational institution must
register at www.thinkorswimchallenge.com. The competition is open
to the first 2,000 teams who register. Registration is now open and
closes on Monday, October 2, 2017, at 11:59 p.m. EDT. The four-week
competition officially kicks off on Monday, October 9, 2017, and
runs through Friday, November 3, 2017.
The thinkorswim Challenge teams are responsible for managing one
virtual portfolio during the entire competition and will do so by
placing qualifying paper trades during each trading week. Prizes
will be awarded weekly to the top team with the highest percentage
gain in the aggregate value of their portfolio at the end of each
trading week. At the conclusion of the competition, an additional
prize will be awarded to the three teams with the highest
percentage gains in their portfolios overall and to their
respective schools. Individual prizes include iPads, Amazon gift
cards, up to $3,500 deposited into a TD Ameritrade brokerage
account, and up to $30,000 for the schools.
The thinkorswim Challenge is subject to full Official Rules,
which are available at www.thinkorswimchallenge.com. For more
information about TD Ameritrade U or the thinkorswim Challenge,
visit www.tdameritradeu.com or www.thinkorswimchallenge.com. For
competition updates, follow TD Ameritrade U, @TDameritradeu, and
like TD Ameritrade U on Facebook. You can also join conversations
about the thinkorswim Challenge using #TOSChallenge.
For the latest news and information about TD Ameritrade, follow
the Company on Twitter, @TDAmeritradePR.
The paperMoney® application is for educational purposes only.
Successful virtual trading during one time period does not
guarantee successful investing of actual funds during a later time
period as market conditions change continuously.
NO PURCHASE/BROKERAGE ACCOUNT NECESSARY TO ENTER OR WIN. A
PURCHASE/ACCOUNT WILL NOT INCREASE YOUR CHANCES OF WINNING.
DISPUTES ARBITRATED & WAIVER OF CLASS ACTION & JURY. This
is a simulated trading competition. Software download (via mobile
app or desktop), Internet access, & use of a valid paperMoney®
account are required to participate. Contest consists of 4 trading
weeks, each beginning at 9:30 a.m. ET & ending at 11:59:59 p.m.
ET: 10/9-10/14/17; 10/16-10/21/17; 10/23-10/28/17; and
10/30-11/4/17. Open only to registered teams of 2-4 individuals who
are each a legal resident of any 1 of the 50 US or DC (or in the US
on a student visa) & age of majority+ as of the date of
registration & all enrolled at the same post-secondary
educational institution located in any 1 of 50 US or DC.
Registration begins at 11 a.m. ET on 9/4/17 & must be completed
by 11:59:59 p.m. ET on 10/2/17. PARTICIPATION IS LIMITED TO THE
FIRST 2000 TEAMS TO COMPLETE REGISTRATION. Normal Internet access,
data, & usage charges may apply. Void where prohibited by law.
SUBJECT TO FULL OFFICIAL RULES. The team with the highest P/L
during each trading week will be the potential weekly winning team,
subject to verification. ARV of each weekly prize: $500 per winning
team member. Total value of all weekly prizes: between $4,000 &
$8,000 (depending on # of winning team members). At the end of the
contest, the teams with the 1st, 2nd, & 3rd highest P/L
percentage over the entire contest period will be eligible for
prizes, subject to verification. ARV of 1st prize: $3,600 per team
member & $30,000 gift to winning team's school (total 1st prize
ARV between of $37,200 & $44,400 depending on # of members).
ARV of 2nd prize: $2,330 per team member & $20,000 gift to
winning team's school (total 2nd prize ARV between of $24,660 &
$29,320 depending on # of members). ARV of 3rd prize: $1,100 per
team member & $10,000 gift to winning team's school (total 3rd
prize ARV between of $12,200 & $14,400 depending on # of
members). Total ARV of all prizes: between $74,060 & $88,120
(depending on # of members). Individual cash prize amounts will be
deposited into an individual, non-IRA TD Ameritrade standard
brokerage account. TD Ameritrade's normal commissions, service
fees, & exception fees apply. Funds may be withdrawn from a
TD Ameritrade standard brokerage account free of charge,
pursuant to TD Ameritrade's regular business practices. If not
already a registered account holder, winner must apply & be
approved for an individual standard brokerage account. Account must
be opened within sixty (60) days of the end of the Contest Period.
More information about TD Ameritrade's standard brokerage
accounts is available here. More information about
TD Ameritrade's pricing and fees is
available here. TD Ameritrade Services Company,
Inc., 200 S. 108th Avenue, Omaha, NE.
Source: TD Ameritrade Holding Corporation
About TD Ameritrade Holding CorporationMillions of
investors and independent registered investment advisors (RIAs)
have turned to TD Ameritrade’s (Nasdaq:AMTD) technology, people and
education to help make investing and trading easier to understand
and do. Online or over the phone. In a branch or with an
independent RIA, first-timer or sophisticated trader, our clients
want to take control, and we help them decide how — bringing Wall
Street to Main Street for more than 40 years. TD Ameritrade has
time and again been recognized as a leader in investment services.
Please visit TD Ameritrade’s newsroom or www.amtd.com for more
information.
1. TD Ameritrade, Inc. (“TD Ameritrade”) is a broker-dealer
subsidiary of TD Ameritrade Holding Corporation. Brokerage services
provided by TD Ameritrade, Inc., member FINRA (www.FINRA.org)
/SIPC (www.SIPC.org).
2. TD Ameritrade U wins "Special Achievement – Educational
Initiative" for bringing trading to the classroom, 2015 Benzinga
Fintech Awards.
3. StockBrokers.com, Best Broker Trade Platforms & Tools
2017, Feb. 21, 2017.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170908005082/en/
TD Ameritrade Holding CorporationFor Media:Christina
Goethe, 201-369-8510Corporate
Communicationschristina.goethe@tdameritrade.com@TDAmeritradePRorFor
Investors:Jeff Goeser, 402-597-8464Investor
Relationsjeffrey.goeser@tdameritrade.com
TD Ameritrade (NASDAQ:AMTD)
Historical Stock Chart
From Mar 2024 to Apr 2024
TD Ameritrade (NASDAQ:AMTD)
Historical Stock Chart
From Apr 2023 to Apr 2024