The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of July 2013 include:
- Net new assets brought to the company by new and existing clients in July 2013 totaled $8.8 billion.
- Total client assets were a record $2.12 trillion as of month-end July, up 16% from July 2012 and up 3% compared to June 2013.
- Client daily average trades were 498.9 thousand in July 2013, up 26% compared to July 2012 and down 4% compared to June 2013. July 2013 trading activity included an 8% sequential decrease in daily average revenue trades.