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E*TRADE Financial Corporation (NASDAQ: ETFC) has released its monthly metrics for February 2016, which were underpinned by a marked decline in its trading, according to a recent E*TRADE Financial statement.
As per the latest metrics release in November, E*TRADE’s Daily Average Revenue Trades (DARTs) came in at 164,077, falling -6.4% MoM from 175,346 in January 2016. However, over a yearly interval, E*TRADE’s performance was also lower, as it saw its DARTs plunge by -8.5% YoY from 179,420 in February 2015.
In terms of brokerage accounts, E*TRADE secured an increase of 17,875 gross new accounts in February 2015 – this corresponds to a ... (read more)