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Article: E*TRADE FINANCIAL Corporation Reports Monthly Activity for January 2007.
- Article from:
- Business Wire
- Article date:
- February 14, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today released its Monthly Activity Report for January. The Company's total retail client assets increased 1.7 percent sequentially, totaling $198.3 billion. End of period margin debt balances decreased 1.3 percent sequentially to $6.9 billion, with average margin debt balances decreasing 2.2 percent to approximately $6.9 billion. Total Daily Average Revenue Trades ("DARTs") were 174,529, up almost 17 percent sequentially. Gross new retail accounts for the month totaled 123,361 - resulting in total end-of-period retail accounts of 4,456,016.
"Our investments in marketing and service continue to improve the ...