Forbes - Markets
Trade Volumes Rise In August For E*Trade After A Slow Q2
Brokerage firm E*Trade Financial Corporation reported a surge in trade volumes in August after witnessing a sustained period of low trading activity on its platforms through the first half of the year. E*Trade’s daily average revenue trades (DARTs) stood at nearly 180,000 through August, which was about 23% higher than prior year levels. A similar hike in trade volumes was reported by competing brokerage firms including Charles Schwab and TD Ameritrade. Below we take a look at some key metrics for August and our full year forecasts for E*Trade.
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