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E*Trade July DARTs fall 8.2% from June

Aug. 14, 2018 8:39 AM ETE*TRADE Financial, LLC (ETFC) StockBy: Liz Kiesche, SA News Editor
  • E*Trade (NASDAQ:ETFC)  reports July daily average revenue trades of 250,787, down 8.2% from June and up 20% from July 2017.
  • Derivatives represented 34% of July DARTs, compared with 32% in June.
  • Ended month with about 3.9M brokerage accounts, down 4,235 from June.
  • Customer margin balance of $11.0B, unchanged from June, and up 36% from $8.1M a year earlier.
  • Customers were net buyers of approximately $0.9B in securities during the month.
  • Source: Press Release
  • Previously: E*Trade Q2 beats consensus, citing robust customer trading (July 19)

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