TD Ameritrade reported strong earnings of $171 million for the quarter ended June 30, its third fiscal quarter for 2009. Client trades averaged 392,000 a day, up 36%, and the firm attracted $7 billion of net new assets, a 12% annualized growth rate.

“Our business model continues to deliver strong organic growth and earnings in the face of a difficult economic environment,” said Fred Tomczyk, president and CEO of TD Ameritrade. “Looking back over the last nine months, we have much to be proud of: record trading volume, our strongest new account growth in nine years and the gathering of net new assets on par with leading” competitors.

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