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AMTD Says Trades Per Day Rise Month-Over-Month

By Market News Video Staff, Tuesday, November 16, 12:03 PM ET

Online brokerage TD Ameritrade (NYSE:AMTD) said today that the average trades per day in October rose 14% from September, to 362,000. Average fee-based balances rose 5% from September. Furthermore, client assets totaled $367 billion by the end of the month, up 3% from September, and up 23% from last October.

TD Ameritrade shares are trading 0.2% Tuesday.

The stock is 4.32% of the iShares Down Jones U.S. Broker-Dealer Index Fund (AMEX:IAI), trading lower by 1.3% today with the general markets. Top holdings in the fund include Goldman Sachs (NYSE:GS), at 9.26%, Morgan Stanley (NYSE:MS), at 6.74%.


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This Article's Word Cloud:   AMEX   Ameritrade   Average   CHANNEL   Dealer   Down   Goldman   Investment   Morgan   NYSE   October   PORTFOLIO   Portfolio   Sachs   September   Tuesday   allocation   allows   asset   assets   bonds   brokerage   classes   client   complete   completely   countries   designed   follow   from   growth   guidelines   holdings   include   investors   leads   month   performance   portfolio   program   rose   shares   short   stocks   terms   there   today   totaled   trading   with
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