TD Ameritrade Holding Corporation AMTD today announced company metrics for October 2016.
Monthly activities for October 2016 included:
- An average of 438,000 client trades per day in October 2016, essentially flat from October 2015 and down 4 percent from September 2016.
- $764.2 billion in total client assets as of October 31, 2016, up 9 percent from October 2015 and down 1 percent from September 2016.
- Average spread-based balances(1) of $115.2 billion, up 12 percent from October 2015 and up 2 percent from September 2016.
- Average fee-based balances(2) of $169.2 billion, up 8 percent from October 2015 and essentially flat from September 2016.
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 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 40 years. An official sponsor of the 2016 U.S. Olympic Team, as well as an official sponsor of the National Football League, 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, or read our stories at http://freshaccounts.amtd.com.
Brokerage services provided by TD Ameritrade, Inc., member FINRA (www.FINRA.org)/SIPC (www.SIPC.org)
Source: TD Ameritrade Holding Corporation
(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. IDA balances are held at TD Bank, N.A. and TD Bank USA, N.A.,
affiliates of TD Ameritrade.
(2)Fee-based balances are
client assets invested in money market funds, other mutual funds and
Company programs such as Amerivest and AdvisorDirect. 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161109005130/en/
TD Ameritrade Holding Corporation
For Media:
Kim Hillyer,
402-574-6523
Director, Communications & Public Affairs
kim.hillyer@tdameritrade.com
@TDAmeritradePR
or
For
Investors:
Jeff Goeser, 402-597-8464
Director, Investor
Relations & Finance
jeffrey.goeser@tdameritrade.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.