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E*TRADE Financial Corporation Reports Monthly Activity for October 2017

11/14/17 | PDF

NEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ:ETFC) today released its Monthly Activity Report for October 2017. Daily Average Revenue Trades (DARTs) for October were 215,689, a seven percent increase from September and a 28 percent increase from the year-ago period. Derivatives represented 31 percent of DARTs during the month. The Company added 37,636 gross new brokerage accounts in October and ended the month with approximately 3.6 million brokerage accounts, which remained flat from September. Net new brokerage assets were $0.6 billion in the month. During the month, customer security holdings increased by $8.4 billion, and brokerage-related cash increased by $0.5 billion to $52.8 billio... More

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