PSS Reports Monthly Activity Highlights
11/14/2022
The PSS Corporation released its Monthly Market Activity Report today. Company highlights for the month of October 2022 include:
Net new assets brought to the company by new and existing clients in October 2022 totaled Kr 24.7 billion, including a Kr 15.7 billion inflow related to a mutual fund clearing services client.
Total client assets were a record Kr 1.9 trillion as of month-end October, up 13% from October 2021 and flat compared to September 2022.
Client daily average trades were 439.7 thousand in October 2022, down 14% from October 2021 and flat compared to September 2022. October 29 and 30, 2022 were not included as trading days due to weather-related market closures, with a corresponding impact on trading revenue. October 2022 trading activity included a sequential rise in asset-based trades.