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E*TRADE Financial Corporation Reports Monthly Activity for August 2017

09/15/17 | PDF

NEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ:ETFC) today released its Monthly Activity Report for August 2017. Daily Average Revenue Trades (DARTs) for August were 206,572, a one percent decrease from July and a 44 percent increase from the year-ago period. Derivatives represented 31 percent of DARTs during the month. The Company added 40,831 gross new brokerage accounts in August and ended the month with approximately 3.6 million brokerage accounts—an increase of 19,031 from July. Net new brokerage assets were $1.1 billion in the month. During the month, customer security holdings increased by $6.4 billion, and brokerage-related cash decreased by $0.2 billion to $51.5 billion. ... More

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