OMAHA, Neb.--(BUSINESS WIRE)--TD Ameritrade Holding Corporation (NASDAQ: AMTD) today announced Company metrics for May 2011. Monthly activities included:
- An average of 378,000 client trades per day in May 2011, down 22 percent from May 2010 and down 6 percent from April 2011.
- Approximately $420 billion in total client assets as of May 31, 2011, up 26 percent from May 2010 and down 1 percent from April 2011.
- Average spread-based balances of $62.5 billion, up 15 percent from May 2010 and up 1 percent from April 2011.(1)
- Average fee-based balances of $82.5 billion, up 33 percent from May 2010 and up 1 percent from April 2011.(1)
More information, including historical results for each of the above metrics, as well as information detailing upcoming financial events and presentations, can be found on the Company’s corporate Web site, www.amtd.com.
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About TD Ameritrade Holding Corporation
For more than 36 years, TD Ameritrade Holding Corporation (NASDAQ: AMTD) has been in the business of serving individual investors – either directly or through a network of independent registered investment advisors. Through its brokerage(2) and education(3) subsidiaries, TD Ameritrade combines innovative trading technology, easy-to-use trading tools, investment services and education, and superior client service to create a market-leading financial services experience. Home to Kiplinger's #1 online broker(4), Barron’s #1 online broker for “Options Traders”(5),TD Ameritrade provides millions of retail investors, traders and independent registered investment advisors with the tools, service and support they need to help build confidence in today's rapidly changing market environment. For more information and resources for journalists, please visit the TD Ameritrade newsroom at www.amtd.com.
(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. Fee-based balances are client assets invested in money market funds, other mutual funds and Company programs such as Amerivest and AdvisorDirect. IDA balances are held at TD Bank, N.A. and TD Bank USA, N.A., affiliates of TD Ameritrade. Amerivest is an investment advisory service of Amerivest Investment Management, LLC, an SEC 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.
(2) TD Ameritrade, Inc., member FINRA (www.FINRA.org) /SIPC (www.SIPC.org) /NFA (www.nfa.futures.org), and TD Ameritrade Clearing, Inc., member FINRA/SIPC.
(3) Investools, Inc. is an education subsidiary of TD Ameritrade Holding Corporation. Investools does not provide financial advice and is not in the business of transacting trades. Investools, Inc. and TD Ameritrade, Inc. are separate but affiliated companies that are not responsible for each other's services or policies.
(4) TD Ameritrade was ranked #1 and received an overall score of 5 stars (tied for first place with one other broker), in the Kiplinger's Online Broker Ratings, Kiplinger's Personal Finance, 02/2011. Fourteen brokers were rated in the categories: Costs, Web site usability, Investment choices, Customer service, and Research and tools.
(5) TD Ameritrade was awarded an overall 4 ½ out of 5 Stars and was named "Best for Option Traders" in Barron's 2011 Online Broker Survey, 03/2011. TD Ameritrade also received the highest rating, 4 ½ out of 5 stars, in the "Best for Long-term Investing" category, sharing that rating with only one other broker. TD Ameritrade was evaluated versus 23 other online brokers in eight total categories, including trade experience, trading technology, usability, range of offerings, research amenities, portfolio analysis and reporting, customer service and education and costs. Barron's is a registered trademark of Dow Jones & Company © 2006-2011.