TD Waterhouse Group, Inc. is reporting its february results. For the period ended February 28, 2002 total trades per day averaged 103,400. This is a 10% decrease from January 2002, and 24% lower than February 2001.

Total customer assets were $136 billion as of February 28, 2002, down 2% from January 2002 and unchanged from February 2001. New accounts opened totaled 43,500. This is a 3% increase from January 2002 and 21% lower than February 2001.

Margin loans were $3.8 billion at February 28, 2002. This compares to $3.9 billion a month earlier and is a decrease of 33% from February 28, 2001.

In the early part of March 2002, the firm experienced a 26% increase in trade per day activity from the previous month’s average.