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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies

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From: dvdw©8/20/2007 7:04:23 AM
of 3821
 
Full AMTD press release on client activity, should file this a reference every month.

TD Ameritrade Reports July Metrics
Thursday August 16, 5:03 pm ET
Online Brokerage TD Ameritrade Averaged 284,000 Client Traders in July

OMAHA, Neb. (AP) -- Online brokerage TD Ameritrade Holding Corp. on Thursday reported 284,000 average client trades per day in July.
The company said qualified accounts, which include all open client accounts with a total liquidation value greater than or equal to $2,000, totaled 3,260,000.

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Ameritrade said it opened 44,000 and closed 22,000 accounts during July, resulting in 6,343,000 total accounts.

Client margin balances in July averaged about $7.7 billion and totaled around $8.2 billion, as of July 31.

Client assets totaled about $293 billion, of which cash and money market assets amounted to $43 billion.

The company, through its subsidiaries, provides securities brokerage services and financial services to retail investors and business partners.

Ameritrade shares fell 90 cents, or 5.7 percent, to $14.84 in the aftermarket. They rose 21 cents to close at $15.74 in the regular session. In the past 52 weeks, the stock traded between $14.67 and $21.31.
biz.yahoo.com
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