“By increasing the financial literacy in a risk-free environment, we can decrease the age of the average investor…which is going to bring more traders and investors to the marketplace.”
Mary Ryan of TD Ameritrade explains the TD Ameritrade U program, which serves to educate students on trading and the financial industry. Ryan discusses the types of tools used in the program, such as giving students access to actual trading platforms, market data and trading support. The goal is to give students the most accurate simulation so they can go out and begin trading in the real world. Ryan also explains the the thinkorswim Challenge, a contest where student teams make trades with a $500k portfolio for four weeks. Prizes are awarded to the students with the highest returns.