Market Overview

Charles Schwab Reports $1B New Assets; Client Daily Trades Up 5% from April 2011; Client Assets $1.83T at End of April

Share:
Related SCHW
5 U.S. Financial Stocks That Should Do Well Even Without The Fed
Charles Schawb Tweets 'We are experiencing some system issues. For urgent matters pls call 800-435-4000. Sorry for inconvenience.'
Investors Cope With Stock Trading Woes, ETF Glitches (Investor's Business Daily)

The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of April 2012 include: * Net new assets brought to the company by new and existing clients in April 2012 totaled $1.0 billion, reflecting client cash disbursements during tax season. * Total client assets were $1.83 trillion as of month-end April, up 9% from April 2011 and flat compared to March 2012. * Client daily average trades were 458.9 thousand in April 2012, up 5% from April 2011 and down 1% from March 2012.

Posted-In: News

 

Related Articles (SCHW)

View Comments and Join the Discussion!

Get Benzinga's Newsletters