Fidelity Investments said on Thursday that its brokerage unit got a tidal wave of net new client assets in the second quarter, while trading volume jumped 75%, when compared to the corresponding period last year.

Net new client assets checked in at $23.8 billion, a large increase over the $2.5 billion the unit raked in during the second quarter of 2003. This category included the sales of both Fidelity and non-Fidelity funds and securities.

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