E-Trade’s April daily average revenue trades rise 5.8%

NEW YORK (MarketWatch) — E-Trade Financial Corp. said Wednesday that its total daily average revenue trades in April were 180,970, up 5.8% from a year earlier. The company ended the period with 4.77 million retail accounts. The company said that the completed sale of Retirement Advisors of America and the ended relationships with two corporate clients in its stock plan administration business affected its April metrics, eliminating about $2.3 billion in customer assets and nearly 24,000 accounts.
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