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TD Ameritrade Holding Corporation Message Board

  • lowriskincome lowriskincome Sep 21, 2008 6:47 PM Flag

    Ameritrade makes big bucks from money market fees

    Per latest Sec 10-Q filing filed for period ending 9-30-08: Ameritrade received money market deposit fees of $467,000,000 ($467 million) for the nine months ending 9-30-08 from money us customers have in money markets at Ameritrade. The $467,000,000 accounted for close to 50% of Ameritrade's profits.

    Ameritrade makes big money from our money. If they don't treat us fairly in this "Reserve mess" I'm done with them.

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