Interactive Brokers reports December DARTs up 66% y/y

Interactive Brokers (IBKR) Group reported its Electronic Brokerage monthly performance metrics for December. Brokerage highlights for the month included: 3.267 million Daily Average Revenue Trades, 66% higher than prior year and 1% lower than prior month. Ending client equity of $568.2B, 33% higher than prior year and 1% lower than prior month. Ending client margin loan balances of $64.2B, 45% higher than prior year and 7% higher than prior month. Ending client credit balances of $119.7B, including $4.9B in insured bank deposit sweeps2, 15% higher than prior year and 1% higher than prior month. 3.34 million client accounts, 30% higher than prior year and 3% higher than prior month. 219 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $2.58 including exchange, clearing and regulatory fees.