TD AMERITRADE (AMTD) Announces February Metrics
Tweet
Share
E-mailGet Alerts AMTD Hot Sheet
Join SI Premium – FREE
TD AMERITRADE Holding Corporation (NASDAQ: AMTD) today announced Company metrics for February 2010. Monthly activities included:
An average of 347,000 client trades per day in February 2010, up 13% from February 2009 and down 18 percent from January 2010. From March 1, 2010 through March 12, 2010, the Company averaged 369,000 trades per day.
Approximately $324.0 billion in total client assets as of Feb. 28, 2010, up 54% from February 2009 and up 3 percent from January 2010.
Average spread-based balances of $52.4 billion, up 100% from February 2009 and up 2% from January 2010.
Average fee-based balances of $58.1 billion, down 1% from February 2009 and down 1% from January 2010.(1)
"So far this quarter, we have continued to see low intra-day volatility and interest rates that have remained at near-zero levels. Consequently, March quarter earnings are shaping up much like the December quarter," said Bill Gerber, executive vice president and chief financial officer. "That said, we remain pleased with the progress of our growth strategy and continue to see strong organic growth."
[SM]
An average of 347,000 client trades per day in February 2010, up 13% from February 2009 and down 18 percent from January 2010. From March 1, 2010 through March 12, 2010, the Company averaged 369,000 trades per day.
Approximately $324.0 billion in total client assets as of Feb. 28, 2010, up 54% from February 2009 and up 3 percent from January 2010.
Average spread-based balances of $52.4 billion, up 100% from February 2009 and up 2% from January 2010.
Average fee-based balances of $58.1 billion, down 1% from February 2009 and down 1% from January 2010.(1)
"So far this quarter, we have continued to see low intra-day volatility and interest rates that have remained at near-zero levels. Consequently, March quarter earnings are shaping up much like the December quarter," said Bill Gerber, executive vice president and chief financial officer. "That said, we remain pleased with the progress of our growth strategy and continue to see strong organic growth."
[SM]
You May Also Be Interested In
Create E-mail Alert Related Categories
Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
