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Stock Market & Financial Investment News

News Breaks
June 13, 2014
08:08 EDTETFCE-Trade reports May DARTs down 9% from year-ago period
E*TRADE Financial released its Monthly Activity Report for May 2014. Daily Average Revenue Trades for May were 147,661, a 14% decrease from April and a 9% decrease from the year-ago period. The company added 29,571 gross new brokerage accounts in May, ending the month with approximately 3.1 million brokerage accounts an increase of 13,590 from April. Net new brokerage assets were $1.2B in the month. During the month, customer security holdings increased by 2.1%, or $3.9B, and brokerage-related cash increased by $1.1B to $39.9B. Bank-related cash and deposits ended the month unchanged, at $6.1B. Customers were net sellers of approximately $0.5B in securities during the month.
News For ETFC From The Last 14 Days
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July 31, 2015
12:17 EDTETFCOnline brokers fall after KCG says retail trading activity muted
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July 24, 2015
06:49 EDTETFCE-Trade says NY Fed eases company oversight, Reuters says
E-Trade said that the New York Federal Reserve has relaxed its oversight of the company during the second quarter, giving the company more latitude to make strategic decisions about its future, Reuters reports. "It moves us to a different footing with regulators on how quickly we can move to do things," CEO Paul Idzik said on an analysts' call Thursday evening after the company reported Q2 earnings. "The dialogue has shifted." Reference Link
July 23, 2015
18:01 EDTETFCE-Trade reports Q2 DARTs of 149K
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16:22 EDTETFCE-Trade reports Q EPS 25c, consensus 27c
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