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Charles Schwab (SCHW) Reports July 2007 Activity

August 14, 2007 9:00 AM EDT
The Charles Schwab Corporation (Nasdaq: SCHW) released its Monthly Market Activity Report today. Company highlights for the month of July 2007 include:

Net new assets brought to the company by new and existing clients in July 2007 totaled $12.8 billion.

Total client assets were $1.371 trillion as of month-end July, up 21% from July 2006 and down 1% from June 2007.

Client daily average trades were 300.1 thousand in July 2007, up 21% from July 2006 and up 19% from June 2007.

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