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Article: E*TRADE FINANCIAL Corporation Reports Monthly Activity for April 2006.
- Article from:
- PR Newswire
- Article date:
- May 17, 2006
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NEW YORK, May 17 /PRNewswire-FirstCall/ -- E*TRADE FINANCIAL Corporation today released its Monthly Activity Report for April. The Company's total retail client assets increased 1 percent over March, totaling $194.1 billion. End of period margin debt balances increased 2 percent sequentially to $7.0 billion, while average margin debt balances also increased 2 percent to $6.9 billion. Total Daily Average Revenue Trades (DARTs) were 183,259, up 8 percent versus March. Gross new accounts for the month totaled 97,765, resulting in total end-of-period active accounts of 4,352,979.
"In April, we continued to experience solid organic growth trends with respect to ...