TD Ameritrade has recently launched a new version of Trade Architect, its web-based trading platform. Our team got a live tour of the what’s currently available on the new version 16 and we were impressed with the refreshed base for the platform moving forward. The new Trade Architect is being developed on the latest Flex, v4.5.
Regular Trade Architect users will immediately notice a difference in the default dashboard, an area (among many others) where the TDA team spent considerable time in using customer feedback, live client testing, and their own internal ingenuity. The CNBC viewer along with the watchlist are moved to the left sidebar area. This frees up the center area to focus on trading, technical analysis, research, ideas, portfolio review, etc. The right sidebar is default with quick live charting, level II quotes, times & sales, and a separate area that streams live news from a variety of sources.
Order default settings now sync with both the standard TDA site in addition to thinkorswim. Watchlists are also synchronistic which is a nice feature. Lastly on keeping it easy for the client, you can trade with multiple accounts in the same session per usual.
The watchlist available in the main center area is completely customizable, including column widths. The news area features more sources than before and includes historical archives. In addition, when you want to read a story, it opens in a custom window allowing you to read other pieces.
Charting is improved with the ability to add 100 day+ moving averages as well as a slew of quick customization options without having to go through tedious setup menus. Research sees a visual improvement with ease of use and simplicity being evident. A neat aspect is that the various investment reports & ratings shown are done so based on client popularity. For options traders that are familiar with thinkorswim, you’ll notice quick trade menus via the blue dots adjacent to the bid/ask that permit rapid pre-populated trade strategies.
We look forward to what is in store with future updates from the TD Ameritrade team.