TD Ameritrade Reports Record Client Activity in Fiscal Second Quarter

[kreslik.news]

The sharp market moves in the first quarter of the year have yielded very strong results for the brokerage industry across multiple asset classes. One of the first retail brokerage firms to report on the outcome of the quarter that ended on March 31st, 2018 is TD Ameritrade. The company’s clients have generated a record amount of trading volumes via the firm’s infrastructure.

During the three months a total of $22.2 billion of net new client assets have been gathered, the number represents growth of 8 percent year-on-year. TD Ameritrade processed on average 943,000 client trades per day during the quarter. ... (read more)