12.02.2014 15:00:17

Charles Schwab January Net New Assets Amounts To $11.9 Bln - Quick Facts

(RTTNews) - Brokerage and investment manager Charles Schwab Corp.(SCHW), in its market activity report for January 2014, said that net new assets brought to the company by new and existing clients in January 2014 totaled $11.9 billion.

As of month-end January, total client assets were $2.22 trillion, up 10% from January 2013.

Clients' daily average trades were 588.2 thousand in January 2014, up 17% compared to January 2013. January 2014 trading activity included a 20% sequential increase in daily average revenue trades.

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