E*TRADE Financial (ETFC) April DARTS Decline 3% MoM

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Go back to E*TRADE Financial (ETFC) April DARTS Decline 3% MoM

E*TRADE Financial Corporation Reports Monthly Activity for April 2017

May 12, 2017 8:05 AM EDT

NEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC) today released its Monthly Activity Report for April 2017.

Daily Average Revenue Trades (DARTs) for April were 196,022, a three percent decrease from March and a 23 percent increase from the year-ago period. Derivatives represented 31 percent of DARTs during the month. The Company added 38,904 gross new brokerage accounts in April and ended the month with approximately 3.5 million brokerage accountsan increase of 10,695 from March.

Net new brokerage assets were negative $0.2 billion in the month. During the month, customer security holdings increased by $4.5 billion, and brokerage-related cash... More