TD Ameritrade (AMTD) has added a key feature to TD Ameritrade Mobile Trader and thinkorswim Mobile for iOS. TD Ameritrade clients place 14% of their daily trades on a mobile device, and that number continues to rise on a quarterly basis. On average, over 55,000 mobile trades are placed through a mobile device in the TD Ameritrade system each day. This is an area that TD Ameritrade continues to innovate in, and they believe they have raised the bar with this feature.
To find the new feature, tap on the word “Depth” just to the right of the options chain in TD Ameritrade’s Mobile Trader platform. This is designed to help traders of all different levels, and the ability to customize Market Depth makes it fit your specific needs. Technical studies will be represented in Market Depth, which will allow technical analysts and traders to hone in on the things that matter most to them.
In order to utilize all of the features of Market Depth, users will need to be subscribed to Level II Quotes. TD Ameritrade plans to launch Market Depth for Android very soon.
TD Ameritrade’s Managing Director of Trading, Nicole Sherrod, put together an informative video describing Market Depth. You can view that below.