TD Ameritrade says trading jumped 13 pct in May

OMAHA, Neb. (AP) — Online brokerage TD Ameritrade says it handled 13 percent more trades in May, and the total client assets it held jumped 23 percent over last year.

The Omaha-based company said Thursday it handled an average of 417,000 trades per day in May.

The increase in trading activity and growth in client assets suggests investors were active in May.

At the end of May, Ameritrade held $530.9 billion in total client assets.

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Online:

TD Ameritrade Holding Corp.: www.amtd.com

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