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Article: E*TRADE FINANCIAL Corporation Reports Monthly Activity for July 2006.
- Article from:
- PR Newswire
- Article date:
- August 16, 2006
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NEW YORK, Aug. 16 /PRNewswire-FirstCall/ -- E*TRADE FINANCIAL Corporation today released its Monthly Activity Report for July. The Company's total retail client assets decreased 2.2 percent sequentially, totaling $176.7 billion. End of period margin debt balances decreased 4.5 percent sequentially to $6.8 billion, with average margin debt balances decreasing 2.5 percent to $6.9 billion. Total Daily Average Revenue Trades (DARTs) were 138,367, up 0.5 percent versus June. Gross new retail accounts for the month totaled 80,232 -- resulting in total end-of-period active retail accounts of 4,372,514.
"The individual investor continues to demonstrate impressive ...