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Ameritrade Reports New Accounts and Average Trades Per Day for May.


Business Editors

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.--(BUSINESS WIRE)--June 8, 2001

Ameritrade Holding Corporation (Nasdaq:AMTD AMTD Arithmetic Mean Temperature Difference
AMTD Automatic Magnetic Tape Distribution
AMTD Affordability and Manufacturing Technology Demonstration
), the brokerage industry technology leader, reports continuing growth in its core online brokerage business.

For May 2001, the Company opened 24,000 new accounts(a) for a total of 1,529,000 open. Ameritrade also reported average daily trade volume during May of 118,000 trades per day.

About Ameritrade Holding Corporation (Nasdaq:AMTD)

Ameritrade Holding Corporation (www.amtd.com) is a pioneer in the online brokerage industry with a 25-year history of providing clients a self-directed self-di·rect·ed
adj.
Directed or guided by oneself, especially as an independent agent: the self-directed study of a language.



self
 approach to brokerage services. The award-winning Adj. 1. award-winning - having received awards; "this award-winning bridge spans a distance of five miles"  company, through its broker/dealer subsidiaries, provides brokerage and clearing services to self-directed individual consumer investors and to financial institutions.

(a) Ameritrade reports "new" accounts upon client funding of an account.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 8, 2001
Words:128
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