Charles Schwab (SCHW) Reports Monthly Activity
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The Charles Schwab Corporation (Nasdaq: SCHW) released its Monthly Market Activity Report today. Company highlights for the month of April 2010 include:
Net new assets brought to the company by new and existing clients in April 2010 totaled $3.8 billion, reflecting client cash disbursements during tax season.
Total client assets were $1.512 trillion as of month-end April, up 30% from April 2009 and up 1% from March 2010.
Client daily average trades were 439.9 thousand in April 2010, down 2% from April 2009 and up 12% from March 2010.
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Net new assets brought to the company by new and existing clients in April 2010 totaled $3.8 billion, reflecting client cash disbursements during tax season.
Total client assets were $1.512 trillion as of month-end April, up 30% from April 2009 and up 1% from March 2010.
Client daily average trades were 439.9 thousand in April 2010, down 2% from April 2009 and up 12% from March 2010.
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