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E*TRADE Financial Corporation Reports Monthly Activity for January 2017

02/14/17 | PDF

NEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ:ETFC) today released its Monthly Activity Report for January 2017. Daily Average Revenue Trades (DARTs) for January were 201,464, an eight percent increase from December and a 15 percent increase from the year-ago period. Derivatives represented 29 percent of DARTs during the month. The Company added 42,055 gross new brokerage accounts in January and ended the month with approximately 3.5 million brokerage accounts—an increase of 10,239 from December. Net new brokerage assets were $0.8 billion in the month. During the month, customer security holdings increased by $7.0 billion, and brokerage-related cash increased by $0.4 billion to $51.8 ... More

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