So, no comments about being at a new 52 week high? How about this?
SAN FRANCISCO, March 13 /PRNewswire/ -- The Charles Schwab Corporation (NYSE: SCH) released its Monthly Market Activity Report today. Company highlights for the month of February include:
-- Total customer daily average trades were 355.9 thousand in February 2000, down 6% from January 2000 and up 78% from February 1999. Customer daily average revenue trades were 279.4 thousand in February 2000, down 6% from January 2000 and up 85% from February 1999. Daily average trades through Schwab's Mutual Fund OneSource(R) service were 76.5 thousand in February 2000, down 5% from January 2000 and up 57% from February 1999.
-- Net new assets brought to Charles Schwab & Co., Inc. (Schwab) by new and current customers in February 2000 totaled $13.9 billion, up 13% from January 2000 and up 53% from February 1999.
-- Customer assets at Schwab were $765.5 billion as of month-end February, up 7% from January 2000 and up 50% from February 1999. In comparison, the Schwab 1000 Index(R) was unchanged from January 2000 and up 14% from February 1999.
Additionally, on March 1, 2000, the Company completed the acquisition of CyBerCorp, Inc., a closely-held electronic trading technology and brokerage firm providing Internet-based services to highly active, online investors.
The Charles Schwab Corporation, through its principal operating subsidiary, Charles Schwab & Co., Inc. (member SIPC/NYSE), is one of the nation's largest financial services firms, serving investors through branch offices, regional customer telephone service centers and automated telephonic and online channels. The Charles Schwab Web Site(TM) is at www.schwab.com.
SOURCE Charles Schwab Corporation
CO: Charles Schwab Corporation; Charles Schwab & Co., Inc.; CyBerCorp, Inc. |
