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Ameritrade Numbers Up

Average daily trades rise 15%.

TD Ameritrade's

(AMTD) - Get TD Ameritrade Holding Corporation Report

daily average client trades rose 15% in January from a year earlier, to 266,000.

In January, TD Ameritrade opened 44,000 client accounts and closed another 14,000 accounts, resulting in 6.3 million total accounts.

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The Omaha, Neb., company reported average client margin balances of $7.5 billion last month. TD Ameritrade has total client assets of $281 billion.

The brokerage purchased Toronto-Dominion Bank's retail brokerage, TD Waterhouse, in January 2006.

TD Ameritrade also revealed in a regulatory filing that it had paid $150,000 in December to settle an investigation by the NASD into the transfer of client cash balances held at its broker-dealer subsidiary to deposit accounts held at banks.

Shares closed down 24 cents to $17.65 on Thursday.