Press release
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for December 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 December.\n\nBrokerage highlights for the month included:\n\n\n2,301 thousand Daily Average Revenue Trades (DARTs)1, 198% higher than prior year and about even with prior month.\n\n\nEnding client equity of $288.6 billion, 66% higher than prior year and 7% higher than prior month.\n\n\nEnding client margin loan balances of $39.0 billion, 26% higher than prior year and 18% higher than prior month.\n\n\nEnding client credit balances of $77.7 billion, including $2.9 billion in insured bank deposit sweeps2, 34% higher than prior year and 3% higher than prior month.\n\n\n1,073 thousand client accounts, 56% higher than prior year and 3% higher than prior month.\n\n\n486 annualized average cleared DARTs1 per client account.\n\n\nAverage commission per cleared Commissionable Order3 of $2.42 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n\n\nDecember 2020\n\n \nAverage Commission per \n \n\nAverage\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$1.79\n\n\n \n\n1,970 shares\n\n\n\n\n\n\n\nEquity Options\n\n \n\n$3.68\n\n\n \n\n6.5 contracts\n\n\n\n\n\n\n\nFutures\n\n \n\n$4.25\n\n\n \n\n2.9 contracts\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\nMark to market on U.S. government securities portfolio4 was a loss of $0.3 million for the quarter, and a loss of $4.5 million year to date.\n\n\nGLOBAL5: The value of the GLOBAL, reported in U.S. dollars, increased by 0.56% in December. Year to date, the value of the GLOBAL increased 1.45%.\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: https://www.interactivebrokers.com/MonthlyMetrics\n\n\nIn December, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 3.7 basis points of trade money6, as measured against a daily VWAP7 benchmark (2.1 basis points net cost for the rolling twelve months).\n\n\n\nIBKR PRO Clients' R...