TD Bank Group Newsroom
TD AMERITRADE Reports Monthly Metrics
OMAHA, NEB., June 18 /CNW/ - TD AMERITRADE Holding Corporation (NASDAQ:AMTD) today reported 247,000 average client trades per day in May 2007. Qualified accounts(1) totaled 3,283,000. The Company opened 46,000 and closed 23,000 accounts during May, resulting in 6,303,000 total accounts.(2) Margin Balances and Client Assets The Company reported average client margin balances in May of approximately $7.4 billion. As of May 31, 2007, client margin balances totaled approximately $7.4 billion. Client assets totaled approximately $300 billion, of which cash and money market assets amounted to $43 billion. AMTD-G About TD AMERITRADE Holding Corporation TD AMERITRADE Holding Corporation, through its brokerage subsidiaries(3) provides a dynamic balance of investment products and services that further the Independent Spirit of individual investors. Listed by Barron's as the #1 Web browser-based online broker and Forbes as one of America's best big companies, the Company's full spectrum of services include a leading active trader program and long-term investor solutions, including a national branch system, as well as relationships with one of the largest networks of independent registered investment advisors.(4) The Company's common stock trades under the ticker symbol AMTD. For more information, please visit www.amtd.com. (1) Qualified accounts include all open client accounts with a total liquidation value greater than or equal to $2,000, except clearing accounts. (2) Total accounts include all open client accounts (funded and unfunded), except clearing accounts. (3) TD AMERITRADE, Inc., member NASD (www.NASD.com) /SIPC (www.SIPC.org), receives clearing and custodial services from TD AMERITRADE Clearing, Inc., member NASD/SIPC. TD AMERITRADE and TD AMERITRADE Clearing, Inc. are subsidiaries of TD AMERITRADE Holding Corporation. (4) "The Best Web Browser-Based Online Broker" by Barron's, 3/5/2007 based on Trade Experience, Trading Technology, Usability, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service & Access, and Costs. Barron's is a registered trademark of Dow Jones, L.P. More info on the Forbes award is available at www.forbes.com/platinum.
For further information: TD AMERITRADE Holding Corporation For Media: Kim Hillyer, 402-827-8654 Manager, Communications and Public Affairs email@example.com or For Investors: Tim Nowell, 402-597-8440 Director, Investor Relations firstname.lastname@example.org
Get News Alerts by Email
Receive breaking news from TD Bank Group directly to your inbox.