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Article: E*TRADE FINANCIAL Corporation Reports Monthly Activity for August 2007.
- Article from:
- Business Wire
- Article date:
- September 19, 2007
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NEW YORK -- E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today released its Monthly Activity Report for August. The Company's total retail client assets increased 0.7 percent sequentially to $210.1 billion. End of period margin debt balances remained flat sequentially at $7.9 billion, with average margin debt balances increasing 3.1 percent to $7.8 billion. Total Daily Average Revenue Trades ("DARTs") decreased 0.7 percent sequentially to 197,861. Gross new retail accounts for the month totaled 96,692 resulting in total end of period retail accounts of 4,689,769.
"This has been a very strong summer, with solid customer growth and engagement, showing that our ...