NEW YORK, April 8 /PRNewswire-FirstCall/ -- TD Waterhouse Group, Inc.
reports the following monthly activity for the period ended March 31, 2002:
* Total trades per day averaged 111,100. This is a 7% increase from
February 2002, and 5% lower than March 2001.
* Total customer assets were $141 billion as of March 31, 2002, up
4% from February 2002 and a 10% increase from March 2001.
* New accounts opened totaled 44,300. This is a 2% increase from
February 2002 and 22% lower than March 2001.
* Margin loans were $3.9 billion at March 31, 2002. This compares to
$3.8 billion a month earlier and is a decrease of 15% from
March 31, 2001.
* In the early part of April 2002, the firm has experienced a
13% decrease in trades per day activity from the previous month's
average.
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
3.2 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 & CFO, +1-212-908-7301, both of TD
Waterhouse Group, Inc.
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