E*TRADE Financial Reports January 2015 Metrics, DARTs Swell 5% MoM

E*TRADE Financial Corporation (NASDAQ:ETFC) has reported its monthly activity report for the month ending January 2015, highlighted by a 5% MoM increase in DARTs.

E*TRADE has seen its Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term business rise lately, which continued into the New Year and January. During January 2015, Daily Average Revenue Trades (DARTs) came in at 172,944, up 5% MoM from December 2014. However, over a yearly timeframe, the figure dropped -12% YoY from January 2014.

In addition, E*TRADE added a total of 30,990 gross new brokerage accounts during the month of January, with a total of 3.2 million accounts (up 7,304 accounts MoM since December 2014).

Across the group’s net new brokerage assets, January 2015 saw $0.6 billion in profits, which was a staunch decrease from $1.7 billion in December 2014 or -65.4% MoM. Finally, bank-related cash and deposits decreased by a figure of $0.1 billion, ending the month of January at $5.7 billion.