TD AMERITRADE (AMTD) Reports May 2007 Stats
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TD AMERITRADE Holding Corporation (NASDAQ: AMTD) reported 247,000 average client trades per day in May 2007. Qualified accounts totaled 3,283,000. The Company opened 46,000 and closed 23,000 accounts during May, resulting in 6,303,000 total accounts.
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.
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.
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