Charles Schwab (SCHW) Reports October Monthly Market Activity
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The Charles Schwab Corporation (Nasdaq: SCHW) released its Monthly Market Activity Report today.
Company highlights for the month of October 2010 include:
1) Net new assets brought to the company by new and existing clients in October 2010 totaled $6.8 billion; 2) Total client assets were $1.510 trillion as of month-end October, up 12% from October 2009 and up 3% from September 2010; and 3) Client daily average trades were 371.7 thousand in October 2010, down 12% from October 2009 and up 7% from September 2010.
Company highlights for the month of October 2010 include:
1) Net new assets brought to the company by new and existing clients in October 2010 totaled $6.8 billion; 2) Total client assets were $1.510 trillion as of month-end October, up 12% from October 2009 and up 3% from September 2010; and 3) Client daily average trades were 371.7 thousand in October 2010, down 12% from October 2009 and up 7% from September 2010.
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