February 13, 2024 12:29 pm
PSS Reports Monthly Activity Highlights
The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of January 2024 include:
Net new assets brought to the company by new and existing clients in January 2024 totaled Kr 7.1 billion.
Total client assets were a record Kr 1.74 trillion as of month-end January, up 9% from January 2023 and up 4% from December 2023.
Client daily average trades were 468.4 thousand in January 2024, down 8% from January 2023 and up 8% from December 2023. In contrast to the year-earlier period, January 2024 trading activity was not elevated by a seasonal rise in PSS Mutual Fund OneSource® transactions –daily average revenue trades rose sequentially at approximately twice the rate of overall trading.