TD AMERITRADE (AMTD) Reports July 2007 Metrics
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TD AMERITRADE Holding Corporation (NASDAQ: AMTD) reported 284,000 average client trades per day in July 2007. Qualified accounts totaled 3,260,000. The Company opened 44,000 and closed 22,000 accounts during July, resulting in 6,343,000 total accounts.
The Company reported average client margin balances in July of approximately $7.7 billion. As of July 31, 2007, client margin balances totaled approximately $8.2 billion. Client assets totaled approximately $293 billion, of which cash and money market assets amounted to $43 billion.
The Company reported average client margin balances in July of approximately $7.7 billion. As of July 31, 2007, client margin balances totaled approximately $8.2 billion. Client assets totaled approximately $293 billion, of which cash and money market assets amounted to $43 billion.
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