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Interactive Brokers Group, Inc. IBKR an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for April.
Brokerage highlights for the month included:
- 2.204 million Daily Average Revenue Trades (DARTs)1, 1% higher than prior year and 10% lower than prior month.
- Ending client equity of $324.5 billion, 6% lower than prior year and 9% lower than prior month.
- Ending client margin loan balances of $46.8 billion, 4% higher than prior year and 3% lower than prior month.
- Ending client credit balances of $91.2 billion, including $2.2 billion in insured bank deposit sweeps2, 11% higher than prior year and 1% lower than prior month.
- 1.85 million client accounts, 36% higher than prior year and 2% higher than prior month.
- 269 annualized average cleared DARTs1 per client account.
- Average commission per cleared Commissionable Order3 of $2.57 including exchange, clearing and regulatory fees. Key products:
April 2022 | Average Commission per | Average | ||
Cleared Commissionable Order | Order Size | |||
Stocks |
$1.77 |
1,176 shares | ||
Equity Options |
$3.82 |
6.7 contracts | ||
Futures |
$3.56 |
2.7 contracts |
Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 57% of the futures commissions.
Other financial information for Interactive Brokers Group:
- GLOBAL4: The value of the GLOBAL, reported in U.S. dollars, decreased by 1.14% in April.
In the interest of transparency, we quantify our IBKR PRO clients’ all-in cost of trade execution below.
For the full multimedia release with graph see link:
https://www.interactivebrokers.com/MonthlyMetrics
- In April, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.1 basis points of trade money5, as measured against a daily VWAP6 benchmark (3.4 basis points net cost for the rolling twelve months).
IBKR PRO Clients’ Reg.-NMS Stock Trading Expense Detail | ||||||||||||||||||||||||||
All amounts are in… |
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