TD Ameritrade Holding Corp. said its daily average client trades reached record levels last month.
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The Omaha online brokerage company said Tuesday that the daily average jumped 30% from a year earlier and 20% from December, to 346,000.
TD Ameritrade, which is partly owned by Toronto-Dominion Bank, also said its client assets increased 3% from a year earlier, to $288 billion as of Jan 31. However, the assets have declined 4% since the end of December, because of difficult equity markets.
Average investable assets increased 8%, to $31 billion as of Jan. 31, while average fee-based investment balances increased 24%, to $58.7 billion, the brokerage said.
