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Charles Schwab Trading Volume Eases In Jan On Year;Rises From Dec

DOW JONES NEWSWIRES Charles Schwab Corp.'s (SCHW) daily trading volume eased in January from a year earlier but rose from a quiet December, echoing trading trends at its fellow online brokerages last month. Schwab, the largest discount brokerage by client assets, said its daily average client trades totaled 468,400 last month, down 8% from January 2011 yet up by the same amount from December. Trading often eases during the December holiday stretch, although investor fears over a sovereign debt crisis in Europe also added to an end-of-year slowdown. E*Trade Financial Corp. (ETFC) on Monday reported its daily trading volume fell in January from a year earlier but moved higher from December levels. Total client assets at Schwab rose to $1.74 trillion as of the end of January, a record sum, according to the company. Shares closed Monday at $12.32 and were inactive premarket. The stock is up 9.4% since the start of the year. -By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stock News for E*trade Financial (ETFC)
DateTimeHeadline
05/22/201312:00:21TD Ameritrade Hires Ex-E*Trade Executives
05/16/201318:26:11Schwab Shareholders Approve Company's Executive-Compensation...
04/30/201317:26:07E*Trade's Brokerage Head to Exit; New President, Marketing Chief
04/19/201307:00:12U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
04/18/201316:38:03E*Trade 1st-Quarter Profit Falls 44% as Trading Activity Declines
04/16/201309:38:58TD Ameritrade CEO: Trading Activity Remains Below Our Expectations
03/14/201316:46:25MARKET SNAPSHOT: U.S. Stock Rally Lifts S&P 500 To Near Record
03/14/201311:07:55MARKET SNAPSHOT: U.S. Stock Rally Lifts S&P 500 Near Record
03/13/201318:10:35E*Trade's Largest Shareholder Citadel to Sell Entire Stake
03/05/201319:37:10E*Trade's Nicholas Utton, Daddy of Firm's Ad Baby, Exits Company
02/26/201319:10:16E*Trade: Order-Handling Review Identified Shortcomings
02/07/201319:20:11E*Trade Fired 40 Employees This Week Amid Cost Cuts -- Sources
02/06/201308:04:46Nomura Sees Upside for Shares of Wells, U.S. Bancorp, PNC and...
01/24/201317:05:07E*Trade Fourth-Quarter Loss Widens on Debt-Extinguishment Costs
01/17/201318:30:06E*Trade Names Former Barclays Executive Idzik as CEO
01/08/201308:05:12TD Ameritrade To Launch Behavior-Based Index To Track Investor...
11/16/201214:30:42E*Trade to Close Its U.K. Brokerage Business
11/16/201214:00:16E*Trade to Close Its U.K. Brokerage Business - Sources
11/15/201210:33:51E*Trade Adds Former Fidelity Executive Lam to its Board
11/02/201210:20:21E*Trade Reviewing Order Handling Practices

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