Press release
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for March 2021, 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 March.\n\nBrokerage highlights for the month included:\n\n\n2,998 thousand Daily Average Revenue Trades (DARTs)1, 53% higher than prior year and 19% lower than prior month.\n\n\nEnding client equity of $330.6 billion, 106% higher than prior year and about even with prior month.\n\n\nEnding client margin loan balances of $42.2 billion, 113% higher than prior year and about even with prior month.\n\n\nEnding client credit balances of $84.5 billion, including $2.8 billion in insured bank deposit sweeps2, 30% higher than prior year and 1% lower than prior month.\n\n\n1,325 thousand client accounts, 74% higher than prior year and 5% higher than prior month.\n\n\n522 annualized average cleared DARTs1 per client account.\n\n\nAverage commission per cleared Commissionable Order3 of $2.22 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n\n\nMarch 2021\nAverage Commission per\n\nAverage\n\n\n\n\n\n\n\n\nCleared Commissionable Order\n\nOrder Size\n\n\n\n\n\n\n\nStocks\n\n$1.61\n\n\n\n1,945 shares\n\n\n\n\n\n\n\nEquity Options\n\n$3.61\n\n\n\n6.8 contracts\n\n\n\n\n\n\n\nFutures\n\n$3.93\n\n\n\n2.8 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 $0.1 million for the quarter ended March 31st.\n\n\nGLOBAL5: The value of the GLOBAL, reported in U.S. dollars, decreased by 0.58% in March and decreased by 0.84% for the quarter ended March 31st.\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:\nhttps://www.interactivebrokers.com/MonthlyMetrics\n\n\nIn March, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 5.3 basis points of trade money6, as measured against a daily VWAP7 benchmark (3.0 basis points net cost for the rolling twelve months).\n\n\n\nIBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail\n\n\nAll amounts are in millions, exce...