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E*TRADE Financial Corporation

2/23/2012, 8:30 AM ET
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  • February 13 Retail traders are getting more active, a good sign for brokerages. E*Trade’s (ETFC +1%) average daily trading volume in January was down Y/Y but up 20% from December, mirroring recent results from other online brokerages. ETFC added 30,298 brokerage accounts last month to ~2.8M; customer assets total $185.4B, up 2.3% Y/Y and up 7.5% M/M. [Financials]
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Company Description

E*TRADE Financial Corporation is a financial services company that provides online brokerage and related products and services primarily to individual retail investors, under the brand “E*TRADE Financial.” Our primary focus is to profitably grow our online brokerage business, which includes our... More