Market Overview

Charles Schwab Average Daily Trades Were 396.1K

The Charles Schwab Corporation (NYSE: SCHW) released its Monthly Market Activity Report today. Company highlights for the month of July 2012 include: -- Net new assets brought to the company by new and existing clients in July 2012 totaled $7.4 billion. -- Total client assets were $1.82 trillion as of month-end July, up 11% from July 2011 and up 1% compared to June 2012.

-- Client daily average trades were 396.1 thousand in July 2012, down 2% from July 2011 and down 5% from June 2012. Client daily average revenue trades were essentially flat between June and July 2012.

Posted-In: News Retail Sales

 

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