Schwab Trading Dips

October trading activity is down from a year ago.
Author:
Publish date:

Brokerage

Charles Schwab

(SCHW) - Get Report

says its customers made fewer trades in October than a year ago, but daily trading activity rose from this past September.

The San Francisco-based online and discount brokerage says daily average customer trades fell 6% to 244,200 from a year ago in October. But trading activity in October was up 2% from September.

In early trading, shares of Schwab were down 1.5% to $17.96.