| Business Summary | | Ameritrade
Holding
Corp.,
engaged
in
the
discount
brokerage
industry
since
1975,
currently
is
a
provider
of
online
discount
brokerage
services.
The
Company
provides
technology-based
brokerage
services
primarily
to
retail
investors
through
a
variety
of
mediums,
predominantly
through
the
Internet.
The
Company
operates
its
brokerage
business
through
five
introducing
broker-dealer
subsidiaries,
including
Ameritrade
(Inc.),
Accutrade,
Inc.,
AmeriVest,
Inc.,
Freetrade.com,
Inc.
and
Ameritrade
Institutional
Services,
Inc.,
and
one
clearing
broker-dealer
subsidiary,
Advanced
Clearing,
Inc.
The
Company
also
operates
an
Internet-based
financial
management
services
business
through
its
OnMoney
Financial
Services
Corporation
subsidiary.
OnMoney
was
created
in
1998
and
became
an
operating
company
during
fiscal
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AMTD
provides
discount
securities
brokerage
and
clearing
execution
services
and
related
financial
services,
including
electronic
trading
and
market
data
and
research
services.
For
the
39
weeks
ended
6/29/01,
revenues
fell
19%
to
$402.2
million.
Net
loss
totalled
$77.2
million,
up
from
$13.9
million.
Revenues
reflect
a
decrease
in
commissions
and
clearing
fees
per
trade.
Higher
loss
reflects
the
inclusion
of
a
$62.1
million
debt
conversion
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| J. Joe Ricketts, 59 Chairman | $1.2M | Joseph Moglia CEO | -- | John MacDonald, 45 CFO,
VP | 413K | J. Peter Ricketts, 36 Sr.
VP- Strategy and Bus. Devel., Director | -- | Michael Head, 42 VP,
Corp. Audit and Assistant Sec. | -- | Dollar amounts are as of 27-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|