Charles Schwab (SCHW) Reports October Activity
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The Charles Schwab Corporation (NYSE: SCHW) released its Monthly Market Activity Report. Company highlights for the month of October 2008 include:
Net new assets brought to the company by new and existing clients in October 2008 totaled $6.6 billion.
Total client assets were $1.160 trillion as of month-end October, down 22% from October 2007 and down 11% from September 2008.
Client daily average trades were 498.2 thousand in October 2008, up 56% from October 2007 and up 25% from September 2008.
The Charles Schwab Corporation (CSC) is a financial holding company.[SM]
Net new assets brought to the company by new and existing clients in October 2008 totaled $6.6 billion.
Total client assets were $1.160 trillion as of month-end October, down 22% from October 2007 and down 11% from September 2008.
Client daily average trades were 498.2 thousand in October 2008, up 56% from October 2007 and up 25% from September 2008.
The Charles Schwab Corporation (CSC) is a financial holding company.[SM]
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