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Ameritrade Holding Corporation

Details

Sector(s) | Subsector(s) Technology | Financial Technology
Investment Year 1999
Status Past | Acquired by TD Waterhouse
Location Omaha, NE
Region North America

TA's original investment was in Datek Online Holdings Corp., a pioneer in the online brokerage industry and a provider of financial technology products and services to the institutional and retail trading communities.

In September 2002, Datek merged with Ameritrade Holding Corporation (NASDAQ: AMTD), uniting two firms that had the lowest cost operations and highest operating margins in the online brokerage industry, and forming the largest online equity trading business. Ameritrade acquired TD Waterhouse in 2006, and was renamed TD Ameritrade.