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E*TRADE Financial Corporation Reports Monthly Activity for May 2019

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NEW YORK–(BUSINESS WIRE)–E*TRADE Financial Corporation (NASDAQ:ETFC) today released its Monthly
Activity Report for May 2019.

Monthly Activity Data     May-19       Apr-19       May-18       % Chg. M/M       % Chg. Y/Y
Trading days 22.0     21.0     22.0     N.M.       N.M.
 
DARTs 279,058 272,858 245,350 2% 14%
Derivative DARTs 93,264 87,231 84,128 7% 11%
Derivative DARTs % 33 % 32 % 34 % 1% (1)%
 
Margin receivables ($B) $ 10.4 $ 10.0 $ 10.5 4% (1)%
 
Net new retail accounts 14,310 1,219 21,015 N.M. (32)%
Net new advisor services accounts (173 ) 52 699 N.M. N.M.
Net new corporate services accounts(1)     2,098         18,202         15,071         (88)%       (86)%
Net new accounts 16,235 19,473 36,785 (17)% (56)%
 
End of period retail accounts 5,104,126 5,089,816 3,983,945 —% 28%
End of period advisor services accounts 151,101 151,274 146,590 —% 3%
End of period corporate services accounts     1,838,283         1,836,185         1,566,240         —%       17%
End of period accounts 7,093,510 7,077,275 5,696,775 —% 25%
 
Net new retail assets ($B)(2) $ 1.3 $ (0.7 ) $ 1.4 N.M. (7)%
Net new advisor services assets ($B)(2)             (0.1 )     0.1         (100)%       (100)%
Net new retail and advisor services assets ($B) $ 1.3 $ (0.8 ) $ 1.5 N.M. (13)%
 

Total Customer Assets ($B)

Security holdings $ 269.9 $ 287.6 $ 256.0 (6)% 5%
Cash and deposits     60.5         61.7         57.3         (2)%       6%
Retail and advisor services assets $ 330.4 $ 349.3 $ 313.3 (5)% 5%
Corporate services vested assets(1)     131.3         146.5         118.9         (10)%       10%
Retail, advisor services, and corporate

services vested assets

$ 461.7 $ 495.8 $ 432.2 (7)% 7%
Corporate services unvested holdings(1)     106.3         119.6         102.2         (11)%       4%
Total customer assets $ 568.0 $ 615.4 $ 534.4 (8)% 6%
 

Net (Buy) / Sell Activity ($B)

Retail net (buy) / sell activity $ (2.6 ) $ 1.0 $ (0.4 ) N.M. N.M.
Advisor services net (buy) / sell activity     0.1                         N.M.       N.M.
Net (buy) / sell activity $ (2.5 ) $ 1.0 $ (0.4 ) N.M. N.M.
 

Total Cash and Deposits ($B)

Sweep deposits $ 37.0 $ 38.0 $ 37.8 (3)% (2)%
Customer payables 10.1 10.8 9.7 (6)% 4%
Savings, checking and other banking assets     8.2         7.9         4.8         4%       71%
Total on-balance sheet cash $ 55.3 $ 56.7 $ 52.3 (2)% 6%
Sweep deposits at unaffiliated financial institutions 3.4 3.3 3.5 3% (3)%
Money market funds and other     1.8         1.7         1.5         6%       20%
Total customer cash held by third parties(3)     $ 5.2         $ 5.0         $ 5.0         4%       4%
Total cash and deposits $ 60.5 $ 61.7 $ 57.3 (2)% 6%
 
(1)

Corporate services accounts and assets include outflows of 13,000
accounts, $2.1 billion of vested assets, and $0.6 billion of
unvested holdings, related to the termination of a large corporate
client in May 2019, which was anticipated.

(2) Net new retail and advisor services assets exclude the effects of
market movements in the value of retail and advisor services assets.
(3) Customer cash held by third parties is held outside E*TRADE
Financial and includes money market funds and sweep deposit accounts
at unaffiliated financial institutions. Customer cash held by third
parties is not reflected in the Company’s consolidated balance sheet
and is not immediately available for liquidity purposes.
 

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

About E*TRADE Financial

E*TRADE Financial and its subsidiaries provide financial services
including brokerage and banking products and services to traders,
investors, stock plan administrators and participants and registered
investment advisors (RIAs). Securities products and services are offered
by E*TRADE Securities LLC (Member FINRA/SIPC). Commodity futures and
options on futures products and services are offered by E*TRADE Futures
LLC (Member NFA). Managed Account Solutions are offered through E*TRADE
Capital Management, LLC, a Registered Investment Advisor. Bank products
and services are offered by E*TRADE Bank, and RIA custody solutions are
offered by E*TRADE Savings Bank, both of which are federal savings banks
(Members FDIC). E*TRADE Securities LLC, E*TRADE Capital Management, LLC,
E*TRADE Futures LLC, E*TRADE Bank and E*TRADE Savings Bank are separate
but affiliated companies. More information is available at www.etrade.com.

Important Notices

E*TRADE, E*TRADE Financial, E*TRADE Bank, E*TRADE Savings Bank, and the
E*TRADE logo are trademarks or registered trademarks of E*TRADE
Financial Corporation. ETFC-G

© 2019 E*TRADE Financial Corporation. All rights reserved.

Contacts

E*TRADE Media Relations
646-521-4418
mediainq@etrade.com

E*TRADE Investor Relations
646-521-4406
ir@etrade.com

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Business Wire

Mitsubishi Electric to Conduct Trial of “Dynamic Sign”, Aiming for International Standardization

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TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will conduct a formal trial of its “dynamic sign”, a new technology that allows the projection of animated images such as directions and alerts onto the floors of public facilities and other buildings. The venue for the trial, which aims to advance the international standardization of symbols used in dynamic sign as well as their application, will be the Musashino Forest Sport Plaza in Chofu City, Tokyo. The trial will be conducted during the men’s international wheelchair basketball competition “Mitsubishi Electric WORLD CHALLENGE CUP 2019” being hosted there from August 29 to September 1, 2019.

The trial will be conducted as part of the “International Standardization of Dynamic Sign” initiative, a joint effort by the National Institute of Advanced Industrial Science and Technology (AIST) and Mitsubishi Electric, part of a project commissioned by the Ministry of Economy, Trade and Industry to the Japanese Standards Association.

The deployment of dynamic sign will make it easier and more convenient for visitors to find their way around large facilities. Mitsubishi Electric aims to thereby contribute to the realization of a society affording everyone equal ease of access, as well as to the achievement of the United Nations’ Sustainable Development Goals.

For the full text, please visit: www.MitsubishiElectric.com/news/

Contacts

Customer Inquiries

Industrial Design Center

Mitsubishi Electric Corporation

www.MitsubishiElectric.com/ssl/contact/company/rd/form.html

www.Mitsubishielectric.com/en/about/rd/index.html

Media Inquiries

Takeyoshi Komatsu

Public Relations Division

Mitsubishi Electric Corporation

Tel: +81-3-3218-2346

prd.gnews@nk.MitsubishiElectric.co.jp

www.MitsubishiElectric.com/news/

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Business Wire

Heilind Asia will Exhibit at I.C.E Booth L05 in NEPCON Vietnam 2019

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HONG KONG–(BUSINESS WIRE)–From 11th to 13th September 2019, NEPCON Vietnam 2019 will take place at International Center for Exhibition (I.C.E) in Hanoi, Vietnam. Heilind Asia will exhibit at I.C.E Booth L05 together with its suppliers TE Connectivity, Alpha Wire, Molex, PEM, Cinch, Heyco, Metz and Panduit; displaying the latest products and solutions.

NEPCON Vietnam 2019, Vietnam’s only exhibition on SMT, testing technologies, equipment and supporting industries for electronics manufacturing, an all-in-one platform under the theme of “360º Manufacturing Integration.” Heilind Asia will display the latest electronic components and solutions, including but not limited to the brands of TE Connectivity, Alpha Wire, Molex, PEM, Cinch, Heyco, Metz and Panduit to visitors. Nepcon Vietnam 2019 is a unique showcase for the latest products and solutions in the rapidly growing Asian markets.

As authorized distributor for more than 100 world leading manufacturers, Heilind Asia supports both original equipment and contract manufacturers in all market segments of the electronics industry, stocking products from the industry’s leading manufacturers in 25 component categories, with a particular focus on interconnect and electromechanical products.

About Heilind Electronics:

Founded in 1974, Heilind Electronics, Inc. (http://www.heilind.com) is one of the world’s leading distributors of connectors, relays, switches, thermal management & circuit protection products, terminal blocks, wire & cable, wiring accessories, insulation & identification, fastener/hardware and sensor products. Heilind has over 40 facilities in the United States, Canada, Mexico, Brazil, Germany, Singapore and China.

Heilind Asia Pacific (www.heilindasia.com) commenced operations in Dec 2012, and now has 23 locations throughout Asia. Its industry leading service offering to customers in Asia Pacific is the result of a commitment to the belief of “Distribution As It Should Be”. Learn more at www.heilindasia.com and on Facebook, WeChat, Weibo and Twitter.

Contacts

Media:

sarah.luo@heilind.com

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Business Wire

“Juntos!! Japan-Latin America and the Caribbean Exchange Program”: Visit to Japan by the SICA Group and Cuba Group

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TOKYO–(BUSINESS WIRE)–As part of the “Juntos!! Japan-Latin America and the Caribbean Exchange Program” promoted by the Ministry of Foreign Affairs, 25 government officials, journalists, and experts from the 7 member countries of the System of Central American Integration (SICA) and Cuba will visit Japan from August 27 to September 4.

The group of visitors will visit companies and local governments in Tokyo and Hokkaido that are active in climate change and disaster prevention. The purpose of this invitation is to provide a broad understanding of the politics, economy, society, culture, history, and foreign policy of Japan and provide an opportunity for an understanding of the diversity of Japan though regional visits for the development of relationships between Japan and Latin America based on a deep mutual understanding.

It is hoped that this exchange program will strengthen the relationship between Japan and Latin America and that the participants will actively communicate Japan’s foreign policy stance and the appeal of Japan, etc.

*Objectives of the Juntos!! Japan-Latin America and the Caribbean Exchange Program

• Motivate people to become friendly toward Japan and to want to learn about Japan, deepen ties between Japan and Latin America, and expand the foundations of Japan’s foreign policy by encouraging an understanding of Japan’s foreign policy toward Latin America and the current status of such policy among people from Latin American and Caribbean countries who can be expected to contribute to strengthening relationships with Japan in various areas.

• Have the participants actively communicate Japan’s foreign policy stance and the appeal of Japan, etc. to contribute to improvements in the external image of Japan in international society and the furtherance of sustainable interest in Japan.

[Planned itinerary]

August 27 (Tuesday)

Arrival to Japan, visit to Naritasan Shinshoji Temple, orientation, and briefing by the Ministry of Foreign Affairs

August 28 (Wednesday)

Briefing by the Ministry of the Environment, briefing by JICA, visit to Akihabara, and experiencing the Sumida Kinshicho Kawachi Ondo Big Bon Dance

August 29 (Thursday)

Visit to Tokyo Rinkai Disaster Prevention Park and Sona Area Tokyo, visit to Odaiba, Parliamentary Vice-Minister courtesy visit (Ministry of Foreign Affairs), and visit to Imperial Palace and Nijubashi

August 30 (Friday)

Travel to Hokkaido

Niseko Town

August 31 (Saturday)

Participation in Toyako Lake Mount Usu Meister Network Half Day Program, cruise on Toyako Lake, and visit to Mt. Usu Ropeway

September 1 (Sunday)

Visit to Tomari Nuclear Power Plant, Nikka Whisky Yoichi Distillery, and Otaru City

September 2 (Monday)

Travel to Tokyo

Visit to Toyosu Market, Toyota Mega Web, and JRC Nihon Musen

September 3 (Tuesday)

Visit to Furuno Electric, holding workshop, reporting meeting, and reception held by head of Latin American and Caribbean Affairs Bureau

September 4 (Wednesday)

Departure from Japan

Contacts

Contact information for inquiries on this matter

Juntos!!2019 Secretariat

JTB Corporation, Kasumigaseki Business Division, Representative: Emi Sendoda, Takashi Komatsu

[TEL] +81-3-6737-9262 Weekdays 9:30-17:30 (not open on weekends and national holidays)

juntos@jtb.com

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