Press release
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for March 2022, 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\n2.456 million Daily Average Revenue Trades (DARTs)1, 18% lower than prior year and 2% lower than prior month.\n\n\nEnding client equity of $355.9 billion, 8% higher than prior year and 2% higher than prior month.\n\n\nEnding client margin loan balances of $48.2 billion, 14% higher than prior year and 2% lower than prior month.\n\n\nEnding client credit balances of $92.5 billion, including $2.2 billion in insured bank deposit sweeps2, 9% higher than prior year and 4% higher than prior month.\n\n\n1.81 million client accounts, 36% higher than prior year and 3% higher than prior month.\n\n\n306 annualized average cleared DARTs1 per client account.\n\n\nAverage commission per cleared Commissionable Order3 of $2.68 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n\n\nMarch 2022\n\n\n\nAverage Commission per\n\n\n\nAverage\n\n\n\n\n\n\n\n\n\n\n\nCleared Commissionable Order\n\n\n\nOrder Size\n\n\n\n\n\n\n\nStocks\n\n\n\n\n$1.99\n\n\n\n\n\n1,258 shares\n\n\n\n\n\n\n\nEquity Options\n\n\n\n\n$3.68\n\n\n\n\n\n6.7 contracts\n\n\n\n\n\n\n\nFutures\n\n\n\n\n$3.74\n\n\n\n\n\n2.7 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 $29.3 million for the quarter ended March 31st.\n\n\nGLOBAL5: The value of the GLOBAL, reported in U.S. dollars, decreased by 0.38% in March and decreased by 0.56% 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:\n\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 2.3 basis points of trade money6, as measured against a daily VWAP7 benchmark (3.4 basis points net cost for the rolling twelve months).\n\n\n\nIBKR PRO Clients' Reg.-NMS Stock Trading Expense Deta...