Charles Schwab (SCHW) Reports January Market Activity
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The Charles Schwab Corporation (Nasdaq: SCHW) released its Monthly Market Activity Report for January.
Net new assets brought to the Company by new and current clients in January 2007 totaled $9.6 billion.
Total client assets were $1.267 trillion as of month-end January, up 16% from January 2006 and up 2% from December 2006. In comparison, the Schwab 1000 Index® was up 13% from January 2006 and up 2% from December 2006.
Client daily average trades were 275.5 thousand in January 2007, down 18% from January 2006 and up 19% from December 2006.
Net new assets brought to the Company by new and current clients in January 2007 totaled $9.6 billion.
Total client assets were $1.267 trillion as of month-end January, up 16% from January 2006 and up 2% from December 2006. In comparison, the Schwab 1000 Index® was up 13% from January 2006 and up 2% from December 2006.
Client daily average trades were 275.5 thousand in January 2007, down 18% from January 2006 and up 19% from December 2006.
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