Options trading privileges subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before trading options. Options involve risks and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Account Types & Investment Products Overview.Contribution and Eligibility Calculator.Investment Management Services Overview.Working with Scottrade validates how important social media event detection is to trading strategies. Ryan Bailey, CEO of Contix, notes, “Scottrade is a forward-thinking firm and we’re thrilled to have helped them become the first brokerage to roll out enterprise-grade social media intelligence for their clients. Our clients demand the most sophisticated technology and analysis on the market.” “By making Contix alerts available within ScottradeELITE, we’re placing a powerful tool in the hands of our traders at a time when news is increasingly breaking on social media channels. “We’re always looking for additional innovative and valuable tools that can help our clients,” said Brian Bachelier, Scottrade vice president of active trader strategy. Scottrade clients who subscribe will receive a discounted rate from Contix and 20 free trades from Scottrade. The tool is offered at no charge for two weeks within the ScottradeELITE platform. From this foundation, our clients can create custom alerts based on their own trading criteria. Rather than relying on the volume of tweets about a topic or company, it rates the source of that news. Contix acts as a credibility filter for Twitter, providing actionable trading information. The tool surfaces specialized news for traders and investors by monitoring and analyzing over half a billion social and traditional media posts each day and pushing real-time alerts of the very earliest mentions of breaking financial news events.
Scottrade provides the Contix social and traditional media sourced alerts inside of the ScottradeELITE platform. As more market-moving news breaks on channels such as Twitter, Scottrade clients can now make more timely and informed trading decisions using these specialized social alerts. Scottrade is working with Contix, the leading social media event detection platform focused exclusively on trading, to provide real-time breaking news alerts surfaced through social and traditional media.
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