NEW YORK, May 7 /PRNewswire/ -- TD Waterhouse Group, Inc. reports the
following monthly activity for the period ended April 30, 2002:
* Total trades per day averaged 98,900. This is an 11% decrease from
March 2002, and 19% lower than April 2001.
* Total customer assets were $137 billion as of April 30, 2002, down
3% from March 2002 and a 1% decrease from April 2001.
* New accounts opened totaled 55,900. This is a 26% increase from March
2002 and 3% lower than April 2001.
* Margin loans were $3.9 billion at April 30, 2002, no change from a
month earlier and a decrease of 7% from April 30, 2001.
* In the early part of May 2002, the firm has experienced a 3% increase
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
3.3 million active customer accounts in the United States, Canada, the United
Kingdom, and Australia. The firm also has joint ventures in Singapore, 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 - Kelly Hechler, Media Relations of TD
Bank Financial Group, +1-416-982-2469, or Investors - Kevin
Sterns, Executive Vice President & CFO of TD Waterhouse,
+1-212-908-7301
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