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More onTD Ameritrade (AMTD) FQ2 earnings: Commissions and transaction fees of $287M is off $5M...

More onTD Ameritrade (AMTD) FQ2 earnings: Commissions and transaction fees of $287M is off $5M from a year ago as customer engagement "remains tepid," according to CEO Fred Tomczyk (CC transcript). Daily Average Revenue Trades (DARTS) declined 2.4% Y/Y. Activity rate: trades per day divided by customer accounts fell to 6.5% from 6.8% a year earlier. 7% "would be a good number," says Tomczyk. (PR)
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