E*TRADE FINANCIAL (ET) Released May Activity Report
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E*TRADE FINANCIAL Corporation (NYSE: ET) released its Monthly Activity Report for May. The Company's total retail client assets decreased 5% sequentially, totaling $184.2 billion. End of period margin debt balances increased 2% sequentially to $7.1 billion, with average margin debt balances increasing 2% to $7.0 billion.
Total Daily Average Revenue Trades (DARTs) were 178,250, down 3% vs April. Gross new retail accounts for the month totaled 95,300 -- resulting in total end-of-period active retail accounts of 4,386,000.
Total Daily Average Revenue Trades (DARTs) were 178,250, down 3% vs April. Gross new retail accounts for the month totaled 95,300 -- resulting in total end-of-period active retail accounts of 4,386,000.
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