Interactive Brokers reports December DARTs up 13% y/y

Interactive Brokers Group reported its Electronic Brokerage monthly performance metrics for December. Brokerage highlights for the month included: 1.972 million Daily Average Revenue Trades, 13% higher than prior year and 4% higher than prior month. Ending client equity of $426B, 39% higher than prior year and 5% higher than prior month. Ending client margin loan balances of $44.4 billion, 14% higher than prior year and 5% higher than prior month . Ending client credit balances of $104.5B, including $3.7B in insured bank deposit sweeps, 10% higher than prior year and 3% higher than prior month. 2.56 million client accounts, 23% higher than prior year and 2% higher than prior month. 172 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $3.17 including exchange, clearing and regulatory fees.