TD Ameritrade Sees Stagnating Volumes in May
Posted: Tue Jun 07, 2016 2:00 pm
TD Ameritrade (Nasdaq:AMTD), one of the largest brokers for retail clients in the United States, has reported its monthly metrics and turnover, having undergone a slight decline across a few different measures MoM, per a TD Ameritrade report.
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For the month ending May 2016, TD Ameritrade underwent an average of 445,000 client trades per day, which constitutes a decline MoM of -5.3% MoM from 470,000 trades per day in April 2016. The latest volumes are the lowest in 2016 ... (read more)