thinkorswim, Inc. operates as an online brokerage and software developer. The company specializes in options and offers equities, futures, mutual funds, currency trading, and bonds. It also provides software products, such as thinkDesktop, a downloadable software platform; thinkAnywhere, which is a wireless trading application; thinkMicro, a mobile trading application; thinkMobile, a platform for mini-browsers; paperMoney, which is a paper trading application; and Web-based trading. In addition, thinkorswim offers institutional products, which include thinkpipes, a trading and risk management software for market makers, hedge funds, alternative investment boutiques, and institutional money managers; thinklink, which is an order management and DMA platform for regional and tier 1 broker/dealers, investment banks, institutional brokers, and equity specialists; thinkfix, a black box trading system for automated trade routing and execution reporting; and Shadow Trader, which delivers live market analysis and commentary. The company was founded in 1999 and is headquartered in Chicago, Illinois with additional offices in Bloomfield Hills and Needham. As of February 15, 2007, thinkorswim, Inc. is a subsidiary of INVESTools, Inc.