NEW YORK--(BUSINESS WIRE)--May 14, 2018--E*TRADE Financial Corporation (NASDAQ:ETFC) today released its Monthly Activity Report for April 2018.

Daily Average Revenue Trades (DARTs) for April were 249,939, a 12 percent decrease from March and a 28 percent increase from the year-ago period. Derivatives represented 35 percent of DARTs during the month. The Company added 188,056 gross new brokerage accounts in April and ended the month with approximately 3.9 million brokerage accounts—an increase of 155,634 from March. The acquisition of Trust Company of America (TCA) added 145,891 to gross, net and end of period brokerage accounts during the month.

Net new brokerage assets were $18.2 billion in the month. During the month, customer security holdings increased by $21.1 billion, while brokerage-related cash remained flat, ending the month at $51.9 billion. The acquisition of TCA added $18.4 billion in net new brokerage assets which includes $17.2 billion of security holdings and $1.2 billion of sweep deposits. Customer margin balances decreased, ending the month at $10.4 billion. Customers were net buyers of approximately $0.9 billion in securities of which TCA accounted for $0.6 billion during the month.

Monthly Activity Data

Historical metrics and financials can be found on E*TRADE Financial's corporate website at https://about.etrade.com.

About E*TRADE Financial

Securities products and services are offered by E*TRADE Securities LLC, Member FINRA/SIPC. Investment advisory services are offered through E*TRADE Capital Management, LLC, a Registered Investment Adviser. Commodity futures and options on futures products and services are offered by E*TRADE Futures LLC, Member NFA. Banking products and services are offered by E*TRADE Bank, a federal savings bank, Member FDIC, and E*TRADE Savings Bank, a federal savings bank, Member FDIC, which also provides custody solutions to Registered Investment Advisers. E*TRADE Securities LLC, E*TRADE Capital Management, LLC, E*TRADE Futures LLC, and E*TRADE Bank are separate but affiliated companies. More information is available at www.etrade.com.

Important Notices

E*TRADE Financial, E*TRADE, the E*TRADE logo, OptionsHouse and Trust Company of America are trademarks or registered trademarks of E*TRADE Financial Corporation. ETFC-G

© 2018 E*TRADE Financial Corporation. All rights reserved.

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646-521-4418

mediainq@etrade.com

or

E*TRADE Investor Relations

646-521-4406

ir@etrade.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: E*TRADE Financial Corporation

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PUB: 05/14/2018 08:05 AM/DISC: 05/14/2018 08:05 AM

http://www.businesswire.com/news/home/20180514005191/en