NEW YORK, Jan. 7 /PRNewswire/ -- TD Waterhouse Group, Inc. reports the
following monthly activity for the period ended December 31, 2001:
* Total trades per day averaged 117,500. This is a 6% increase from
November 2001, and 27% lower than December 2000.
* Total customer assets were $138 billion as of December 31, 2001, a
3% increase from November 2001 and 3% lower than December 2000.
* New accounts opened totaled 37,000. This is a 3% increase from
November 2001 and 29% lower than December 2000.
* Margin loans were $3.8 billion at December 31, 2001. This compares
to $3.7 billion a month earlier and is a decrease of 40% from
December 30, 2000.
* In the early part of January 2002, trade per day activity showed an
increase of approximately 6%.
TD Waterhouse Group, Inc. provides investors and financial advisors with a
broad range of brokerage, mutual fund, banking and other consumer financial
products on an integrated basis. Worldwide, TD Waterhouse currently services
3.3 million active customer accounts in the United States, Canada, the United
Kingdom, and Australia. The firm also has joint ventures in Japan,
Luxembourg, Hong Kong and India to serve investors in those countries. TD
Waterhouse can be found on the Internet at http://www.tdwaterhouse.com and on
America Online at Keyword: TD Waterhouse. TD Waterhouse is a wholly owned
subsidiary of TD Bank (NYSE: TD; TSE) and part of TD Bank Financial Group.
Headquartered in Toronto, Canada, with offices around the world, TD Bank
Financial Group offers a full range of financial products and services to
approximately 13 million customers worldwide.
SOURCE TD Waterhouse Group, Inc.
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Related links:
http://www.tdwaterhouse.com
CONTACT:
Media - Melissa Gitter, First Vice President,
Public Affairs, +1-212-806-3522; Analysts - Kevin Sterns,
Executive Vice President & CFO, +1-212-908-7301, both of TD
Waterhouse Group, Inc.
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