Press release
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for July 2020, includes Reg.-NMS Execution Statistics
GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic
About this update from Interactive Brokers Group, Inc.
[{"type":"text","content":" GREENWICH, Conn.--(BUSINESS WIRE)--\nInteractive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for July.\n\n\nBrokerage highlights for the month included:\n\n\n\n1,795 thousand Daily Average Revenue Trades (DARTs)1, 124% higher than prior year and 4% lower than prior month.\n\n\nEnding client equity of $218.6 billion, 40% higher than prior year and 8% higher than prior month.\n\n\nEnding client margin loan balances of $28.4 billion, 7% higher than prior year and 14% higher than prior month.\n\n\nEnding client credit balances of $72.5 billion, including $3.0 billion in insured bank deposit sweeps2, 30% higher than prior year and 2% higher than prior month.\n\n\n913 thousand client accounts, 40% higher than prior year and 4% higher than prior month.\n\n\n451 annualized average cleared DARTs1 per client account.\n\n\nAverage commission per cleared Commissionable Order3 of $2.78 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n\n\n\n\nJuly 2020\n\n\n\n\n\n\nAverage Commission per \n\n\n\n\n\n \n\n\n\nAverage\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\nCleared Commissionable Order\n\n\n\n\n\n \n\n\n\nOrder Size\n\n\n\n\n\n\n\n\n\n\nStocks\n\n\n\n\n\n\n$2.05\n\n\n\n\n\n \n\n\n\n1,390 shares\n\n\n\n\n\n\n\n\n\n\nEquity Options\n\n\n\n\n\n\n$4.20\n\n\n\n\n\n \n\n\n\n6.9 contracts\n\n\n\n\n\n\n\n\n\n\nFutures\n\n\n\n\n\n\n$4.01\n\n\n\n\n\n \n\n\n\n2.8 contracts\n\n\n\n\n\nFutures include options on futures. We estimate exchange, clearing and regulatory fees to be 56% of the futures commissions.\n\n\nOther financial information for Interactive Brokers Group: \n\n\n\nGLOBAL4: The value of the GLOBAL, reported in U.S. dollars, increased by 0.90% in July. Year to date, the value of the GLOBAL increased 0.42%.\n\n\n\nIn the interest of transparency, we quantify our IBKR PRO clients’ all-in cost of trade execution below.\n\n\nFor the full multimedia release with graph see link:\n\n\nhttps://www.interactivebrokers.com/MonthlyMetrics\n\n\n\nIn July, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 3.0 basis points of trade money5, as measured against a daily VWAP6 benchmark (1.7 basis points net cost for the rolling twelve months).\n\n\n\n\n\nIBKR PRO Clients' Reg.-NMS Stock Trading ...