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Thinkorswim May daily trades average doubles

By Associated Press
June 11, 2008 | Comments (0)

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Thinkorswim Group Inc.'s average daily retail trades in May more than doubled, the online brokerage and investor education firm said Wednesday.

The New York company said it averaged 52,400 trades per day last month. Funded accounts doubled to 74,725.

Thinkorswim had $3.08 billion in client assets at the end of May, up 83 percent from a year ago.

The company's stock fell 2 cents to $8.13 in morning trading.

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