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Interactive Brokers reports October DARTs up 58% y/y

Interactive Brokers (IBKR) Group reported its Electronic Brokerage monthly performance metrics for October. Brokerage highlights for the month included: 4.472 million Daily Average Revenue Trades, 58% higher than prior year and 16% higher than prior month. Ending client equity of $781.5B, 45% higher than prior year and 3% higher than prior month. Ending client margin loan balances of $81.6B, 39% higher than prior year and 6% higher than prior month. Ending client credit balances of $156.5B, including $6.3B in insured bank deposit sweeps, 33% higher than prior year and 1% higher than prior month. 4.230 million client accounts, 33% higher than prior year and 2% higher than prior month. 229 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $2.63 including exchange, clearing and regulatory fees.

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