E-Trade Sees A Decline In Key Monthly Brokerage Metrics In February

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ETFC: E*TRADE Financial logo
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E*TRADE Financial

E- Trade witnessed a decline in many key metrics in February. Net new brokerage accounts were down 15% y-o-y due to the shutdown of company’s Hong Kong and Singapore operations. Moreover, the company’s Daily Average Revenue Trades (DARTs) were down 10% in the period.

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for E-Trade

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