Press release
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for February 2023, 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 February.\n\nBrokerage highlights for the month included:\n\n\n2.121 million Daily Average Revenue Trades (DARTs)1, 15% lower than prior year and 7% higher than prior month.\n\n\nEnding client equity of $331.6 billion, 5% lower than prior year and 2% lower than prior month.\n\n\nEnding client margin loan balances of $39.1 billion, 21% lower than prior year and 1% lower than prior month.\n\n\nEnding client credit balances of $97.9 billion, including $2.5 billion in insured bank deposit sweeps2, 10% higher than prior year and 2% lower than prior month.\n\n\n2.16 million client accounts, 22% higher than prior year and 2% higher than prior month.\n\n\n222 annualized average cleared DARTs1 per client account.\n\n\nAverage commission per cleared Commissionable Order3 of $3.12 including exchange, clearing and regulatory fees. Key products:\n\n\n\nFebruary 2023\nAverage\n\nAverage Commission per\n\n\n\nOrder Size\n\nCleared Commissionable Order\n\n\nStocks\n1,148 shares\n\n\n$2.12\n\n\n\n\nEquity Options\n7.1 contracts\n\n\n$4.62\n\n\n\n\nFutures\n3.0 contracts\n\n\n$3.95\n\n\n\n\nFutures include options on futures. We estimate exchange, clearing and regulatory fees to be 57% 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 0.69% in February.\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\nAverage U.S. Reg-NMS stock trade was $21,894 in February (dividing 2c by 1a in table below).\n\n\nIn February, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 3.6 basis points of trade money5, as measured against a daily VWAP6 benchmark (2.2 basis points net cost for the rolling twelve months).\n\n\n\nIBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail\n\n\n\n\n\n\n\n\n\n\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\n\n\nPrevious\n\n\n\nMar '22\nApr '22\nMay '22\nJun '...