Press release
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for June 2024, 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 June.\n\n\nBrokerage highlights for the month included:\n\n\n\n2.469 million Daily Average Revenue Trades (DARTs)1, 26% higher than prior year and 5% higher than prior month.\n\n\n\nEnding client equity of $497.2 billion, 36% higher than prior year and 2% higher than prior month.\n\n\n\nEnding client margin loan balances of $55.1 billion, 32% higher than prior year and 4% higher than prior month.\n\n\n\nEnding client credit balances of $107.1 billion, including $4.1 billion in insured bank deposit sweeps2, 8% higher than prior year and about even with prior month.\n\n\n\n2.92 million client accounts, 28% higher than prior year and 2% higher than prior month.\n\n\n\n190 annualized average cleared DARTs1 per client account.\n\n\n\nAverage commission per cleared Commissionable Order3 of $2.99 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n\n\n\nJune 2024\n\n\n\nAverage\n\n\n\nAverage Commission per\n\n\n\n\n\n\n\n\n\n\n\nOrder Size\n\n\n\nCleared Commissionable Order\n\n\n\n\n\n\n\nStocks\n\n\n\n910 shares\n\n\n\n\n$1.99\n\n\n\n\n\n\n\n\n\n\n\n\nEquity Options\n\n\n\n6.9 contracts\n\n\n\n\n$4.28\n\n\n\n\n\n\n\n\n\n\n\n\nFutures\n\n\n\n3.2 contracts\n\n\n\n\n$4.61\n\n\n\n\n\n\n\nFutures include options on futures. We estimate exchange, clearing and regulatory fees to be 57% of the futures commissions.\n\n\nOther financial information for Interactive Brokers Group:\n\n\n\nMark to market on U.S. government securities portfolio4 was a gain of $489,000 for the quarter ended June 30th.\n\n\n\nGLOBAL5: The value of the GLOBAL, reported in U.S. dollars, decreased by 0.21% in June and decreased by 0.22% for the quarter ended June 30th.\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:\nhttps://www.interactivebrokers.com/MonthlyMetrics\n\n\n\nAverage U.S. Reg-NMS stock trade was $21,541 in June (dividing 2c by 1a in table below).\n\n\n\nIn June, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 4.1 basis points of trade money6, as, measured against a daily...