Thread regarding Charles Schwab Corp. layoffs

The beginning of the end

Quirk out. JJ out. Who’s next? Competitors are ripe to pick up TOS talent right now. Goodnight TOS, goodnight sweet prince, goodnight active traders… see you at Tasty or RH

by
| 3075 views | | 13 replies (last March 21, 2022) | Reply
Post ID: @OP+1fNiXvYH

13 replies (most recent on top)

I hate to say it but they should just shut down TOS now and get it over with. This is going to be painful to watch.

by
| | Reply
Post ID: @4pid+1fNiXvYH

Wait, thought the whole reason TDA was acquired was due to the superior TOS platform?

Now I’m hearing that blue leadership is freaked out about Devex, regulators are not happy with Russian developers accessing TOS code. TOS’ days are numbered.

by
| | Reply
Post ID: @2ocu+1fNiXvYH

And don't forget. StreetSmart Edge runs on a Mac. Well not natively. Runs in a Windows VM provisioned in the Cloud. Well not really either. Provisioned on-premise but but citrix in. Level II quotes man. Well, no, not really either.... LOL.

by
| | Reply
Post ID: @2fbp+1fNiXvYH

Good riddance with the expensive Tos platform and time to send it to the graveyard .
No reason to waste associates time and shareholders money on Blue /Green conversion when you have this sleek high performance Charlie Co StreetSmart Edge trading platform that’s ready to Rock n Roll .
Tos Active trading clients will love SCHW trading platform with all its “bells and whistles “ and the robust Charlie Co - back-office systems.

Sure - Tos did 10x the trading volume but with Charlie Co prestigious established talented Board leadership and strategy of through the clients eyes “the sky the limits “ and tos clients get the privilege to trade on the superior tech savvy StreetSmart and Charlie Co Mobile trading app.

2022 looks to be a great year at Charlie and Co with 7 or 8 rate hikes and AUM at all time high -“What could go Wrong “

by
| | Reply
Post ID: @2skt+1fNiXvYH

@1web+1fNiXvYH
Negative. I work in SCS.

by
| | Reply
Post ID: @2tyy+1fNiXvYH

@1web+1fNiXvYH You must work on SSC…

by
| | Reply
Post ID: @1cyw+1fNiXvYH

Just being rude, no need to try. Good riddance to Quirk and Kinahan. TOS needs a revamp. Code looks like a sewer clogged with foul smelling efficacies.

Me? Still waiting for that mass exodus after March 4. Good start with these so called leaders. Just waiting for the rest to bail. And yes Tasty is in town. Good luck, good bye.

by
| | Reply
Post ID: @1web+1fNiXvYH

@bdg+1fNiXvYH This guy:
https://www.cnbc.com/search/?query=jj%20kinahan&qsearchterm=jj%20kinahan

by
| | Reply
Post ID: @syt+1fNiXvYH

@bdg+1fNiXvYH Google either one of them.

by
| | Reply
Post ID: @uop+1fNiXvYH

It sucks. I’m worried about the others who might leave as a result. Tasty is in town, so it’s not a big leap.

We still have some good POs, hopefully they decide to stick around. Otherwise, that’s it… TOS product is gone.

by
| | Reply
Post ID: @rgk+1fNiXvYH

Steve Quirk and JJ Kinahan

by
| | Reply
Post ID: @slt+1fNiXvYH

Amen. I started my career at TOS and it sucks to see all these great leaders exit. When TDA acquired TOS it stunned us at first but the TOS culture permeated, the platform got even better and it really grew into something unique. Those days are over unfortunately. I think we all thought the culture etc could remain but that is just possible.

by
| | Reply
Post ID: @aat+1fNiXvYH

Not trying to be rude, but who are they and what is their significance?

by
| | Reply
Post ID: @bdg+1fNiXvYH

Post a reply

: