TD Ameritrade posts higher April trading volume and client assets

By AP
Tuesday, May 18, 2010

TD Ameritrade April volume, client assets rise

OMAHA, Neb. — Online brokerage firm TD Ameritrade Holding Corp. on Monday said trading volume and total client assets rose in April.

The company said it handled an average of 426,000 client trades per day last month, up 9 percent from the same time last year. The total was 15 percent higher than a month earlier.

As of April 30, TD Ameritrade had $350.5 billion in total client assets, up 43 percent from the prior year, and up 3 percent from March.

Shares of TD Ameritrade closed Monday’s regular trading session up 27 cents at $18.57. After releasing its results following the market close, shares slipped 11 cents to $18.46 in aftermarket electronic trading.

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