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Schwab, E*Trade: Monthly Activity Comparison and the Industry Average

alexi,

all i'm saying is that by percentage, more of etfc's customer is activly trading where the schwab clients are reluctant to invest actively. april just happen to be a month that magnifies the differences and i'm thinking etfc would certainly profit better if it does have a more profitable client base. etfc has attracted active traders where as schwab has many clients who buys mutual funds.