E-Trade Financial Corp. reported Wednesday that daily average revenue trades in July were up 0.5%, to 138,367, from June and that retail client assets fell 2.2% in the month, to $176.7 billion.
Gross new retail accounts for the month totaled 80,232, for an active-account total of 4,372,514 at July 31.
The E-Trade Financial family of companies offers financial services including trading, investing, banking, and lending for retail and institutional customers.
The investment firm's Alternatives division comprised a majority of the online lender's $60 million Series C funding round.
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