Press release
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for August 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 August.\n\n\nBrokerage highlights for the month included:\n\n\n\n1.931 million Daily Average Revenue Trades (DARTs)1, 2% lower than prior year and 3% lower than prior month.\n\n\n\nEnding client equity of $377.6 billion, 22% higher than prior year and 2% lower than prior month.\n\n\n\nEnding client margin loan balances of $42.1 billion, 2% lower than prior year and 3% lower than prior month.\n\n\n\nEnding client credit balances of $99.0 billion, including $3.4 billion in insured bank deposit sweeps2, 3% higher than prior year and about even with prior month.\n\n\n\n2.37 million client accounts, 19% higher than prior year and 2% higher than prior month.\n\n\n\n184 annualized average cleared DARTs1 per client account.\n\n\n\nAverage commission per cleared Commissionable Order3 of $3.09 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n\n\n\nAugust 2023\n\n\n\n\nAverage\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\nAverage Commission per\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOrder Size\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\nCleared Commissionable Order\n\n\n\n\n\n\n\n\n\n\n\n\nStocks\n\n\n\n\n1,047 shares\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\n$1.94\n\n\n\n\n\n\n\n\n\n\n\n\nEquity Options\n\n\n\n\n6.7 contracts\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\n$4.49\n\n\n\n\n\n\n\n\n\n\n\n\nFutures\n\n\n\n\n3.1 contracts\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\n$4.04\n\n\n\n\n\n\n\nFutures include options on futures. We estimate exchange, clearing and regulatory fees to be 56% of the futures commissions.\n\n\nOther financial information for Interactive Brokers Group:\n\n\n\nGLOBAL4: The value of the GLOBAL, reported in U.S. dollars, decreased by 0.38% in August.\n\n\n\nIn the interest of transparency, we quantify our IBKR PRO clients’ all-in cost of trade execution below.\n\n\nFor the full multimedia release with graph see link: https://www.interactivebrokers.com/MonthlyMetrics\n\n\n\nAverage U.S. Reg-NMS stock trade was $22,999 in August (dividing 2c by 1a in table below).\n\n\n\nIn August, IBKR PRO clients’ total cost of executing and clear...