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Trading Activity Picks Up at Schwab

 

Financial services firm Charles Schwab(SCH Quote) reported that total new assets during May were $2.7 billion, and the company said client trading activity increased 11% year-over-year, with daily average revenue trades jumping 15%.

Due to the increase in trading over the past six weeks, the company said second-quarter financial results should improve over its first-quarter numbers. ...

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