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Charles Schwab has announced a deal to buy TD Ameritrade for $26 billion. Here's what the merger means for the investors with accounts at either brokerage.

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TD Ameritrade is not responsible for the services of myTrade, or content shared through the service. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges subject to TD Ameritrade review and approval.

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