Combined synergies yield robust capabilities allowing the buy side and brokers access to front-end platform for algorithmic trading of options CHICAGO and NEW YORK, July 11 /PRNewswire-FirstCall/ -- thinkorswim, a financial technology pioneer and industry-leading online brokerage firm [Nasdaq: SWIM], today announced that its institutional arm, thinkpipes, has entered into a joint relationship with Credit Suisse's Advanced Execution Services (AES). The relationship allows buy side firms and sell side dealers access to algorithmic options trading products that are integrated on thinkpipes's robust front-end platform. This partnership will allow Credit Suisse's clients to implement proprietary trading algorithms on the same execution and risk management platform that also provides fully integrated trade and order management facilitation. This combination of option driven technologies delivered to a trader's desktop is unique because thinkpipes offers routing and clearing neutrality to give the professional trade desk the ultimate flexibility. thinkpipes platform's ability to offer options, futures and equities also compliments Credit Suisse AES's ability to offer multi-asset classes to some of the largest buy side firms. "We have always embraced innovative technology, product development and market expertise. thinkpipes has all of these critical components coupled with a high-touch towards client service," said Brent Kochuba, Head of AES Options Sales, Credit Suisse. "We look forward to leveraging thinkpipes technology and market expertise to our buy side clients." "Credit Suisse willingly looks to address a customer's need for trading efficiency across asset classes, order management, reporting and execution by tapping into cutting-edge technology." said Tom Sosnoff, President of thinkorswim. "We are excited to be able to bring the best technology and know- how for options trading to this partnership." About thinkorswim Group, Inc. thinkorswim Inc., the brokerage arm of Investools Inc. [Nasdaq: SWIM], is a leading online brokerage and technology provider focused on offering services to self-directed options traders and active traders. thinkorswim offers customers a broad range of products including equity securities, fixed income, index products, options, futures, other derivatives and foreign exchange. thinkorswim provides unique front end trading platforms that allow its customers to trade electronically and provides sophisticated trading tools and analytics, including tools for implementing complex, multi-leg options strategies. The products and services offered by Investools Inc. have received numerous accolades from third parties including thinkorswim's ranking by Barron's as its top rated software-based online broker and best for options traders (2006 & 2007), and Prophet's top Barron's ranking for best technical analysis tools (2006). For more information about thinkorswim visit http://www.thinkorswim.com/ or call 1-866-839-1100. About Credit Suisse's Advanced Execution Services(R) (AES) Advanced Execution Services(R) is Credit Suisse's award-winning suite of algorithmic trading strategies, tools, and analytics for global equity trading. AES helps more than a thousand institutions and hedge funds reduce market impact, improve performance versus benchmarks, and add consistency to their trading processes. AES created a new category on Wall Street with its successful launch in 2001, and innovation remains its greatest strength. The AES team is dedicated to a philosophy of constant improvement and constant innovation. AES' algorithms are never finished -- the product is always evolving as the marketplace evolves and as our research teams discover more effective trading techniques. Perhaps that's why AES has been recognized over and over as the leader in algorithmic trading. Contacts: For thinkorswim/thinkpipes Fran Del Valle 212.717.5499 For Credit Suisse Tyrene Frederick 212.538.5767 DATASOURCE: thinkorswim CONTACT: Fran Del Valle of thinkorswimthinkpipes, +1-212-717-5499, ; Tyrene Frederick of Credit Suisse, +1-212-538-5767, Web site: http://www.thinkorswim.com/

Copyright