NEW YORK, July 12 /PRNewswire-FirstCall/ -- TD Waterhouse reports the
following monthly activity for the period ended June 30, 2002:
* Total trades per day averaged 90,700. This is a 3% decrease from
May 2002, and 10% lower than June 2001.
* Total customer assets were $131 billion as of June 30, 2002, down
5% from May 2002 and a 6% decrease from June 2001.
* New accounts opened totaled 27,900. This is a 13% decrease from
May 2002 and 19% lower than June 2001.
* Margin loans were $3.4 billion at June 30, 2002, an 8% decrease from
a month earlier and a decrease of 23% from June 30, 2001.
* In the early part of July 2002, the firm has experienced no
substantial change in trades per day activity from the previous
month's average.
TD Waterhouse 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 . TD Waterhouse
operates through subsidiaries of The Toronto-Dominion Bank (NYSE: TD; TSE).
TD Bank and its subsidiaries are collectively known as 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
more than 13 million customers worldwide.
SOURCE TD Waterhouse Group, Inc
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Related links:
http://www.tdwaterhouse.com
CONTACT:
Melissa Gitter, First Vice President, Public
Affairs of TD Waterhouse Group, Inc., +1-212-806-3522, or
melissagitter@tdwaterhouse.com
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