Interactive Brokers reports August daily average revenue trades down 2%

Interactive Brokers reported its electronic brokerage monthly performance metrics for August. Brokerage highlights for the month included: 1.931M daily average revenue trades, 2% lower than prior year and 3% lower than prior month; Ending client equity of $377.6 B, 22% higher than prior year and 2% lower than prior month, Ending client margin loan balances of $42.1B, 2% lower than prior year and 3% lower than prior month; Ending client credit balances of $99.0B, 3% higher than prior year and about even with prior month; 2.37M client accounts, 19% higher than prior year and 2% higher than prior month.