TD Ameritrade’s November Volumes Swell on Election-Fueled Volatility

[kreslik.news]

TD Ameritrade (Nasdaq:AMTD), one of the largest brokers for retail clients in the United States, has reported its monthly metrics and turnover for November 2016, having scored a strong MoM growth given an influx of volatility that defined markets throughout the month, per a TD Ameritrade report.

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After a largely muted month in October, volumes were given a welcome boost by the US Election and unexpected victory of Donald Trump, which stimulated global markets. For the month ending November 2016, TD Ameritrade underwent an average of ... (read more)