Press release
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for October 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 October.\n\nBrokerage highlights for the month included:\n\n\n1,762 thousand Daily Average Revenue Trades (DARTs)1, 121% higher than prior year and 10% lower than prior month.\n\n\nEnding client equity of $232.6 billion, 43% higher than prior year and about even with prior month.\n\n\nEnding client margin loan balances of $31.7 billion, 25% higher than prior year and 6% higher than prior month.\n\n\nEnding client credit balances of $71.5 billion, including $2.9 billion in insured bank deposit sweeps2, 26% higher than prior year and 1% higher than prior month.\n\n\n1,008 thousand client accounts, 50% higher than prior year and 3% higher than prior month.\n\n\n396 annualized average cleared DARTs1 per client account.\n\n\nAverage commission per cleared Commissionable Order3 of $2.49 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n\n\nOctober 2020\n\n\n\nAverage Commission per \n\n\nAverage\n\n\n\n\n\n\n\n\n\n\n\nCleared Commissionable Order\n\n\nOrder Size\n\n\n\n\n\n\n\nStocks\n\n\n\n\n$1.75\n\n\n\n\n1,237 shares\n\n\n\n\n\n\n\nEquity Options\n\n\n\n\n$3.84\n\n\n\n\n6.5 contracts\n\n\n\n\n\n\n\nFutures\n\n\n\n\n$3.67\n\n\n\n\n2.6 contracts\n\n\n\n\nFutures include options on futures. We estimate exchange, clearing and regulatory fees to be 56% of the futures commissions.\n\nOther financial information for Interactive Brokers Group: \n\n\nGLOBAL4: The value of the GLOBAL, reported in U.S. dollars, decreased by 0.04% in October. Year to date, the value of the GLOBAL increased 0.39%.\n\n\nIn the interest of transparency, we quantify our IBKR PRO clients’ all-in cost of trade execution below.\n\nFor the full multimedia release with graph see link:\n\nhttps://www.interactivebrokers.com/MonthlyMetrics\n\n\nIn October, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.0 basis points of trade money5, as measured against a daily VWAP6 benchmark (2.1 basis points net cost for the rolling twelve months).\n\n\n\n\nIBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail\n\n\n\nAll amounts are in millions, except %\n\n\n\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n ...