Charles Schwab (SCHW) Reports July Activity
The Charles Schwab Corporation (Nasdaq: SCHW) released its Monthly Market Activity Report today.
Company highlights for the month of July 2008 include:
Net new assets brought to the company by new and existing clients in July 2008 totaled $10.4 billion.
Total client assets were $1.391 trillion as of month-end July, up 2% from July 2007 and flat to June 2008.
Client daily average trades were 336.9 thousand in July 2008, up 12% from July 2007 and up 13% from June 2008.
The Charles Schwab Corporation (CSC) is a financial holding company. Through its subsidiaries, the Company engages in securities brokerage, banking and related financial services.[SM]
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