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E*TRADE Financial Corporation Reports Monthly Activity for April 2016

05/13/16 | PDF

NEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ:ETFC) today released its Monthly Activity Report for April 2016. Daily Average Revenue Trades ("DARTs") for April were 159,215, a one percent increase from March and a one percent increase from the year-ago period. The Company added 34,724 gross new brokerage accounts in April and ended the month with approximately 3.3 million brokerage accounts — an increase of 10,866 from March. Net new brokerage assets were negative $0.4 billion in the month. During the month, customer security holdings were unchanged, while brokerage-related cash remained flat, ending the month at $42.6 billion. Bank-related cash and deposits decreased $0.1 billion, en... More

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