NEW YORK, Feb. 11 /PRNewswire-FirstCall/ -- TD Waterhouse Group, Inc.
reports the following monthly activity for the period ended January 31, 2002:
* Total trades per day averaged 115,000. This is a 2% decrease from
December 2001, and 24% lower than January 2001.
* Total customer assets were $139 billion as of January 31, 2002, a 1%
increase from December 2001 and 10% lower than January 2001.
* New accounts opened totaled 42,300. This is a 14% increase from
December 2001 and 20% lower than January 2001.
* Margin loans were $3.9 billion at January 31, 2002. This compares to
$3.8 billion a month earlier and is a decrease of 37% from January 31,
2001.
* In the early part of February 2002, trade per day activity showed an
increase of approximately 4%.
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, or Analysts - Kevin Sterns,
Executive Vice President and CFO, +1-212-908-7301, both of TD
Waterhouse Group, Inc.
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