E*TRADE FINANCIAL (ETFC) Reports May Monthly Activity
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E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) released its Monthly Activity Report for May. The Company's total retail client assets increased 3.3 percent sequentially to a record $214.4 billion. End of period margin debt balances decreased 0.2% sequentially to $7.1 billion, with average margin debt balances decreasing 0.9% to just over $7.0 billion.
Total Daily Average Revenue Trades ("DARTs") increased 0.2% sequentially to 171,387. Gross new retail accounts for the month totaled 101,175 - resulting in total end of period retail accounts of 4,613,232.
Total Daily Average Revenue Trades ("DARTs") increased 0.2% sequentially to 171,387. Gross new retail accounts for the month totaled 101,175 - resulting in total end of period retail accounts of 4,613,232.
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