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Ameritrade Closes on JB Oxford & Company Account Acquisition.


OMAHA Omaha, city, United States
Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857.
, Neb. -- Ameritrade Holding Corporation (Nasdaq:AMTD AMTD Arithmetic Mean Temperature Difference
AMTD Automatic Magnetic Tape Distribution
AMTD Affordability and Manufacturing Technology Demonstration
) has completed the purchase of approximately 45,000 retail client accounts from JB Oxford & Company. The purchase price was approximately $26 million. The definitive agreement was announced June June: see month.  7, 2004.

Monday, October 11 was the first day of transition for these clients to the Ameritrade platform for products and services. This transaction marks the seventh acquisition for Ameritrade since early September 2001.

Ameritrade Holding Corporation

Ameritrade Holding Corporation has a 29-year history of providing investment services to self-directed individuals through its brokerage subsidiaries. Ameritrade develops and provides innovative products and services tailored to meet the varying investing and portfolio management needs of individual investors and institutional distribution partners. A brokerage industry leader, Ameritrade, Inc.(1), a subsidiary of Ameritrade Holding Corporation, was recently recognized as a J.D. Power and Associates Certified See certification.  Call Center, the first in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 industry. For more information, please visit www.amtd.com.

(1) Ameritrade, Inc., member NASD/SIPC
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 12, 2004
Words:162
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