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Industry Spotlight > Broker Dealers

BSA: Broker Results Up In October

By Staff Writer

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NU Online News Service, Dec. 10, 1:30 p.m. – October benchmarks for broker-dealers rebounded strongly from September levels, reports the Bank Securities Association, Wayne, Penn.

Broker productivity increased to $25,766, up 20% from $21,476 in September.

Licensed banker productivity went back up to $2,897, from $2,358 in September, an increase of 22.1%.

The Index of Bank B/D Revenue increased to 137, from 115 in September, a rise of 19.1%, BSA says.