NEW YORK, May 13, 2009 (GLOBE NEWSWIRE) -- NEW YORK - May 13, 2009 - thinkorswim Group Inc. (Nasdaq:SWIM), a leading provider of online brokerage and investor education services, announced record performance metrics for April 2009. The company delivered monthly records for new funded accounts, overall total accounts, record client assets and record total monthly option volume, as well as daily option volume exceeding 1 million contracts per day on average.
-- New accounts opened* of 13,175. Total accounts opened* of 278,850;
75% higher than April 30, 2008
-- New funded accounts of 5,700; 21% higher than April 2008
-- Funded accounts of 113,575 at month-end; 60% higher than April 30,
2008
-- Retail DARTs of 73,100; 51% higher than April 2008
-- Active Trader DARTs** of 69,000; 49% higher than April 2008
-- Total option contract volume of 21.6 million or 1,028,000 per day
representing 6.7% of OCC volume; 139% higher than April 2008
-- Client assets of $3.47 billion at month-end; 20% higher than
April 30, 2008
*accounts opened represents accounts that have initiated the
application process with the intent to fund.
**Active Trader DARTs reflect record option volume in April 2009.
About thinkorswim Group Inc. (Nasdaq:SWIM)
thinkorswim Group Inc. (www.thinkorswim.com) offers market-leading online brokerage, investor education and related financial products and services for self-directed investors and active traders. thinkorswim Inc., our award-winning online brokerage division, provides a suite of trading platforms serving self-directed and institutional traders and money managers. thinkorswim platforms have easy-to-use interfaces, sophisticated analytical and research tools, and fast and efficient order execution for even the most complex trading strategies. thinkorswim customers trade a broad range of products including stock and stock options, index options, futures and futures options, forex, mutual funds and fixed income. Investools' Education Group offers a full range of investor education products and services that provide lifelong learning in a variety of interactive delivery formats. Investools' graduates can then apply what they've learned by trading with thinkorswim's online brokerage platforms.
The thinkorswim Group Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5555
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