TD AMERITRADE

TD Ameritrade Holding plans to discuss the possibility to purchase its rival online brokerage company E*Trade Financial Corp, according to the Wall Street Journal, who cited sources with the knowledge of the matter.

The Journal notes that the probable talks would not necessarily involve the offer from TD Ameritrade for E*Trade.

E*Trade Financial's largest shareholder, Citadel LLC, last week pressed the online brokerage to consider a sale of its business.
 

 TD AMERITRADE Holding Corporation, an online brokerage company, reported its monthly metrics for October 2009. The report includes the following data:

• An average of 420,000 client trades per day in October 2009, up 2 percent from October 2008 and down 3 percent from September 2009. 
• Approximately $297.3 billion in total client assets as of Oct. 31, 2009, up 23 percent from October 2008 and down 2 percent from September 2009. 

 A class-action settlement over contact information stolen from online brokerage TD Ameritrade was rejected by a federal judge. U.S. District Judge Vaughn Walker in San Francisco claimed that the settlement is more to the advantage of Ameritrade and the plaintiffs' lawyers rather than benefiting affected customers.

 TD AMERITRADE Holding Corporation recently asked a panel of its retail clients for an “every day investor’s” perspective on the markets, the economy and whether recovery is in sight. The result – as the markets have climbed in recent months, so too has investor sentiment. 

 TD AMERITRADE Holding Corporation announced that it has introduced a new upgraded online Retirement Center to provide investors with a straightforward approach to retirement planning.

 TD AMERITRADE Holding Corporation has appointed David Kimm as the Company’s chief risk officer. Kimm joins the company in October and will work with the Company’s various business units to help identify and manage the company’s credit, market and operational risks, as well as overseeing the firm’s regulatory compliance and audit functions.