Key Growth Areas For Ameritrade; October Metrics In Focus

Brokerage firm TD Ameritrade reported a sustained period of higher trade volumes in the latter half of its fiscal 2015 ended September. Average daily trade volumes were up by 8% and 19% on a y-o-y basis for the quarters ended June and September, respectively. Consequently, the revenues generated by Ameritrade through trading commissions also rose by 3% and 10% over the prior year period through the two quarters. However, the company has struggled to sustain the rise in trade volumes in Q1’16 t...