In Brief: Trading Edged Up in May at Online Broker

TD Ameritrade Holding Corp. reported Thursday that it averaged 280,000 client trades per day last month, up from 278,000 in April.

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Both qualified accounts, at 3.27 million, and client assets, $257 billion, fell in May, from 3.3 million and $266 billion, respectively, in April, the Omaha online brokerage company said.

Average client margin balances nudged up to $8 billion, from $7.9 billion. Client assets totaled about $257 billion, of which cash and money market assets amounted to $37 billion.


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