Interactive Brokers reports December DARTs down 21% y/y

Interactive Brokers Group reported its Electronic Brokerage monthly performance metrics for December. Brokerage highlights for the month included: 1.751 million Daily Average Revenue Trades, 21% lower than prior year and 10% lower than prior month. Ending client equity of $306.7B, 18% lower than prior year and 3% lower than prior month. Ending client margin loan balances of $38.9B, 29% lower than prior year and 1% lower than prior month. Ending client credit balances of $95.2B, including $2.4B in insured bank deposit sweeps, 9% higher than prior year and 1% lower than prior month. 2.09 million client accounts, 25% higher than prior year and 1% higher than prior month. 189 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $3.17 including exchange, clearing and regulatory fees.