Interactive Brokers reports August average revenue trades up 40% vs. last year

Interactive Brokers reported its electronic brokerage monthly performance metrics for August: 2.712M daily average revenue trades, 40% higher than prior year and 2% lower than prior month; Ending client equity of $515.3B, 36% higher than prior year and 1% higher than prior month; Ending client margin loan balances of $54.9B, 30% higher than prior year and 2% lower than prior month; Ending client credit balances of $112.1B, including $4.4 billion in insured bank deposit sweeps, 13% higher than prior year and 3% higher than prior month; 3.06M client accounts, 29% higher than prior year and 2% higher than prior month; 198 annualized average cleared DARTs per client account; Average commission per cleared commissionable order of $2.80 including exchange, clearing and regulatory fees.