TD Ameritrade Stock Surges as Volatility Is the New Norm
May 25, 2018 / Donna Fuscaldo
Shares of TD Ameritrade have been surging in 2018 as volatility has become the new norm in the stock market. While many long-term investors may not be happy to see stocks whipsawing between up and down days, investors in TD Ameritrade Holding Corporation (AMTD) stock are. After all, the more volatile the markets are, the more trades active investors place, and thus the more money discount brokerages make. At the same time that volatility is on the rise, the Federal Reserve is raising interest rates, which is another bonus for the discount brokerages that hold cash. The higher the interest rates, the more money the brokerages make on those assets.