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TD Ameritrade says trades increased 4 pct in April as investors worried about slower growth

OMAHA, Nebraska — Online brokerage TD Ameritrade says it handled 4 percent more trades per day in April as investors worried about slower economic growth.

The Omaha, Nebraska-based company said Thursday that it handled an average of 383,000 client trades per day in April. That's 4 percent higher than last April and 6 percent higher than March 2013.

The amount of money Ameritrade clients trust the firm to hold also grew 16 percent over last year. At the end of April, Ameritrade held $524.4 billion in total client assets.

The company's monthly activity statistics give the market an idea of investors' mood.


Online:

http://www.amtd.com

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