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TD Ameritrade reports company metrics for October

TD Ameritrade Holding announced Company metrics for October, a month which included two less trading days due to the market closures following Hurricane Sandy on Oct. 29 and 30. Monthly activities included: An average of 330,000 client trades per day in October 2012, down 19%from October 2011 and down 7% from September 2012. $469.9 billion in total client assets as of Oct. 31, 2012, up 16% from October 2011 and down 1% from September 2012. Average spread-based balances of $77.7 billion, up 10% from October 2011 and up 1% from September 2012. Average fee-based balances of $98.1 billion, up 26% from October 2011 and up 1% from September 2012.