Interactive Brokers Group Reports Brokerage Metrics And Other Financial Information For August 2024; 2.712M Daily Average Revenue Trades, Up 40% YoY; Ending Client Equity Of $515.3B, Up 36% YoY

Author: Benzinga Newsdesk | September 03, 2024 12:22pm

Interactive Brokers Group, Inc. (NASDAQ:IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for August.

Brokerage highlights for the month included:

• 2.712 million Daily Average Revenue Trades (DARTs)1, 40% higher than prior year and 2% lower than prior month.
• Ending client equity of $515.3 billion, 36% higher than prior year and 1% higher than prior month.
• Ending client margin loan balances of $54.9 billion, 30% higher than prior year and 2% lower than prior month.
• Ending client credit balances of $112.1 billion, including $4.4 billion in insured bank deposit sweeps2, 13% higher than prior year and 3% higher than prior month.
• 3.06 million client accounts, 29% higher than prior year and 2% higher than prior month.
• 198 annualized average cleared DARTs1 per client account.
• Average commission per cleared Commissionable Order3 of $2.80 including exchange, clearing and regulatory fees. Key products:

Posted In: IBKR