E*TRADE Reveals Strong Metrics for August 2018

[kreslik.news]

In August 2018, Discount brokerage giant E*Trade Financial Corporation revealed that Daily Average Revenue Trades (DARTs) pointed higher, coming in at 267,619 a day, an increase by a factor of 7 percent month-over-month from ‎ 250,787 ‎in July 2018. Over a yearly timetable, E*TRADE’s August 2018 DARTs were also higher by 30 percent year-over-year, compared to 206,572 in August 2017.

In terms of E*TRADE’s net new accounts growth, the group added 88,699 gross new brokerage accounts in August 2018, compared to 81,296 set back in July 2018, which reflects a positive advance of more than 9 percent. ‎In addition, this figure ... (read more)