Interactive Brokers reports June DARTs up 20% y/y

Interactive Brokers Group reported its Electronic Brokerage monthly performance metrics for June. Brokerage highlights for the month included: 2.469 million Daily Average Revenue Trades, 26% higher than prior year and 5% higher than prior month. Ending client equity of $497.2B, 36% higher than prior year and 2% higher than prior month. Ending client margin loan balances of $55.1B, 32% higher than prior year and 4% higher than prior month. Ending client credit balances of $107.1B, including $4.1B in insured bank deposit sweeps, 8% higher than prior year and about even with prior month. 2.92 million client accounts, 28% higher than prior year and 2% higher than prior month. 190 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $2.99 including exchange, clearing and regulatory fees.