|
|
Article: E*TRADE FINANCIAL Corporation Reports Monthly Activity for May 2007.
- Article from:
- Business Wire
- Article date:
- June 13, 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)
|
NEW YORK -- E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today released its Monthly Activity Report for May. The Company's total retail client assets increased 3.3 percent sequentially to a record $214.4 billion. End of period margin debt balances decreased 0.2 percent sequentially to $7.1 billion, with average margin debt balances decreasing 0.9 percent to just over $7.0 billion. Total Daily Average Revenue Trades ("DARTs") increased 0.2 percent sequentially to 171,387. Gross new retail accounts for the month totaled 101,175 - resulting in total end of period retail accounts of 4,613,232.
"In May we were pleased by the continuation of positive engagement trends ...