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TD Ameritrade weighs Asia expansion

Saturday, November 15, 2014 - 05:50
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TD Ameritrade Holding Corp may expand into Asia if its surplus cash grows as much as it expects after US interest rates start to rise, the head of the discount brokerage firm said on Thursday.

New York

TD AMERITRADE Holding Corp may expand into Asia if its surplus cash grows as much as it expects after US interest rates start to rise, the head of the discount brokerage firm said on Thursday.

The "next big thing" TD Ameritrade could invest in is "geographic extension",