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Article: E*TRADE FINANCIAL Corporation Reports Monthly Activity for July 2008.
- Article from:
- Business Wire
- Article date:
- August 13, 2008
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NEW YORK -- E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today released its Monthly Activity Report for July. The Company's total retail customer assets grew $153 million from June to total $162 billion. Total Daily Average Revenue Trades ("DARTs") increased 9.2 percent sequentially to 182,835. Net new retail accounts were 19,583.
"We are pleased to see favorable trends in customer activity and new account growth continue through July. We have nearly 200,000 more retail accounts than we had a year ago," said Donald H. Layton, Chairman and Chief Executive Officer, E*TRADE FINANCIAL Corporation. "The combination of solid month-over-month growth in accounts and ...