NEW YORK, Sept. 27 /PRNewswire-FirstCall/ -- TD Waterhouse reports the
following monthly activity for the period ended August 31, 2002:
-- Total trades per day averaged 82,700. This is 6% higher than August
2001, and is a 19% decrease from July 2002.
-- Total customer assets were $126 billion as of August 31, 2002, a 4%
decrease from August 2001 and up 2% from July 2002.
-- New accounts opened totaled 29,700. This is a 13% decrease from August
2001 and 13% lower than July 2002.
-- Margin loans were $2.8 billion at August 31, 2002, a decrease of 32%
from August 31, 2001, and a 7% decrease from a month earlier.
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/TSE: TD) as
part of its wealth management businesses. 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 to more than 13 million customers
worldwide.
SOURCE TD Waterhouse
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Related links:
http://www.tdwaterhouse.com
CONTACT:
Melissa Gitter of TD Waterhouse,
+1-212-806-3522
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