TD Ameritrade Makes History as Monthly Average Trades Per Day Crosses 500,000 for First Time
March 11 2014 - 8:30AM
Business Wire
Investor engagement continues at TD Ameritrade Holding
Corporation (NYSE: AMTD), as the company today announced it has
reached a new milestone: monthly average client trades per day
eclipsing 500,000 for the first time in its history. Average client
trades per day for the month of February 2014 were a record
501,000, up 1 percent from the record 496,000 average trades per
day it reported for January 2014.
“We have reached an important milestone at TD Ameritrade:
half-a-million average trades per day for the month of February.
Investors remain engaged, and their behavior continues to suggest a
bullish outlook moving forward,” said Fred Tomczyk, president and
chief executive officer. “Investments in our systems, trading tools
and education, have helped us respond to our clients’ needs in this
market and will remain a focus for us as we seek to sustain
engagement and continue growing our market share.”
Monthly activities for February 2014 included:
- An average of 501,000 client trades per
day in February 2014, up 30 percent from February 2013 and up 1
percent from January 2014.
- $611.6 billion in total client assets
as of Feb. 28, 2014, up 22 percent from February 2013 and up 4
percent from January 2014.
- Average spread-based balances of $91.7
billion, up 12 percent from February 2013 and flat from January
2014.(1)
- Average fee-based balances of $132.4
billion, up 19 percent from February 2013 and essentially flat from
January 2014.(1)
A document detailing historical trends for this monthly activity
can be found in the “Investor relations” section of the company’s
corporate web site, www.amtd.com. Simply click on “Financials &
reports” and select the “Operating metrics” tab.
Interested parties can visit or subscribe to newsfeeds at
www.amtd.com for the most up-to-date corporate financial
information, presentation announcements, transcripts and archives.
The company also communicates this information via Twitter,
@TDAmeritradePR. Web site links, corporate titles and telephone
numbers provided in this release, although correct when published,
may change in the future.
About TD Ameritrade Holding Corporation
Millions of investors and independent registered investment
advisors (RIAs) have turned to TD Ameritrade’s (NYSE: AMTD)
technology, people and education to help make investing and trading
easier to understand and do. Online or over the phone. In a branch
or with an independent RIA. First-timer or sophisticated trader.
Our clients want to take control, and we help them decide how -
bringing Wall Street to Main Street for more than 38 years. An
official sponsor of the 2014 and 2016 U.S. Olympic and Paralympic
Teams, TD Ameritrade has time and again been recognized as a
leader in investment services. Please visit TD Ameritrade's
newsroom or www.amtd.com for more information.
Brokerage services provided by TD Ameritrade, Inc., member
FINRA (www.FINRA.org) /SIPC (www.SIPC.org) /NFA
(www.nfa.futures.org)
(1)Spread-based assets are client and brokerage-related assets,
including client margin balances, segregated cash, the TD
Ameritrade FDIC Insured Deposit Account (IDA) balances, deposits
paid on securities borrowing and other cash and interest earning
investment balances. Fee-based balances are client assets invested
in money market funds, other mutual funds and Company programs such
as Amerivest and AdvisorDirect. IDA balances are held at TD Bank,
N.A. and TD Bank USA, N.A., affiliates of TD Ameritrade. Amerivest
is an investment advisory service of Amerivest Investment
Management, LLC, a registered investment advisor. AdvisorDirect
connects a prospective client with an independent financial
advisor. TD Ameritrade, Inc., TD Ameritrade Clearing, Inc. and
Amerivest Investment Management, LLC are subsidiaries of TD
Ameritrade Holding Corporation.
TD Ameritrade Holding CorporationFor Media:Kim Hillyer,
402-574-6523Director, Communications & Public
Affairskim.hillyer@tdameritrade.com@TDAmeritradePRorFor
Investors:Jeff Goeser, 402-597-8464Director, Investor Relations
& Financejeffrey.goeser@tdameritrade.com
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