tiprankstipranks
Trending News
More News >

Interactive Brokers reports April DARTs up 33% vs. last year

Interactive Brokers Group reported its Electronic Brokerage monthly performance metrics for April. Brokerage highlights for the month included: 2.339 million Daily Average Revenue Trades, 33% higher than prior year and 3% lower than prior month. Ending client equity of $457.8B, 34% higher than prior year and 2% lower than prior month. Ending client margin loan balances of $50.7B, 28% higher than prior year and 1% lower than prior month. Ending client credit balances of $105.8B, including $4B in insured bank deposit sweeps, 7% higher than prior year and 1% higher than prior month. 2.81 million client accounts, 26% higher than prior year and 2% higher than prior month. 188 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $3.00 including exchange, clearing and regulatory fees.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue