E*TRADE Reports Weak Volumes for July 2018
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E*TRADE Reports Weak Volumes for July 2018
E*TRADE Financial Corporation (NASDAQ: ETFC) began the third quarter on a weaker note by recording lower volumes though accounts number continues to grow steadily.
In July 2018, the New York-based firm revealed that Daily Average Revenue Trades (DARTs) were pointed lower, coming in at 250,787 a day, a decrease by a factor of 8 percent month-over-month from 273,190 in June 2018. Over a yearly timetable, E*TRADE’s July 2018 DARTs were higher by 20 percent year-over-year, compared to 208,156 in July 2017.
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In terms of E*TRADE’s net new accounts growth, ... (read more)
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