The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of January 2014 include:
- Net new assets brought to the company by new and existing clients in January 2014 totaled $11.9 billion.
- Total client assets were $2.22 trillion as of month-end January, up 10% from January 2013 and down 1% compared to December 2013.
- Clients’ daily average trades were 588.2 thousand in January 2014, up 17% compared to January 2013 and up 17% compared to December 2013. January 2014 trading activity included a 20% sequential increase in daily average revenue trades.