TD AMERITRADE (AMTD) Reports April Metrics
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TD AMERITRADE Holding Corporation (NASDAQ: AMTD) reported 253,000 average client trades per day in April 2007. Qualified accounts(1) totaled 3,282,000. The Company opened 67,000 and closed 17,000 accounts during April, resulting in 6,280,000 total accounts.(2)
The Company reported average client margin balances in April of approximately $7.6 billion. As of April 30, 2007, client margin balances totaled approximately $7.5 billion. Client assets totaled approximately $292 billion, of which cash and money market assets amounted to $42 billion.
The Company reported average client margin balances in April of approximately $7.6 billion. As of April 30, 2007, client margin balances totaled approximately $7.5 billion. Client assets totaled approximately $292 billion, of which cash and money market assets amounted to $42 billion.
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