ETRADE Financial Reports February Statistics

ETRADE Financial (ETFC) says daily Average Revenue Trades (DARTs) for February were 185,717, up 3% from January and up 34% from the year-ago period. ETFC ended the month with approximately 2.7 million brokerage accounts – including gross new brokerage accounts of 37,109 and net new brokerage accounts of 18,343 during the month. Total accounts ended the month at approximately 4.3 million. Net new brokerage assets were positive $1.4 billion in the month, the highest level since October 2008, it said.

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