E-Trade Sees 0.5% Rise in July Trading

E-Trade Financial reported Wednesday that daily average revenue trades in July were up 0.5%, to 138,367, from June and that retail client assets fell 2.2% in the month, to $176.7 billion.

Gross new retail accounts for the month totaled 80,232, for an active-account total of 4,372,514 at July 31.

The E-Trade Financial family of companies offers financial services including trading, investing, banking, and lending for retail and institutional customers.

For reprint and licensing requests for this article, click here.
Money Management Executive
MORE FROM FINANCIAL PLANNING