Business
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for December 2019, 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 December.\n\n\nBrokerage highlights for the month included:\n\n\n\n771 thousand Daily Average Revenue Trades (DARTs)1, 19% lower than prior year and 6% lower than prior month.\n\n\nEnding client equity of $174.1 billion, 36% higher than prior year and 4% higher than prior month.\n\n\nEnding client margin loan balances of $31.0 billion, 15% higher than prior year and 14% higher than prior month.\n\n\nEnding client credit balances of $57.9 billion, including $2.4 billion in insured bank deposit sweeps2, 17% higher than prior year and 2% higher than prior month.\n\n\n690 thousand client accounts, 15% higher than prior year and 1% higher than prior month.\n\n\n253 annualized average cleared DARTs1 per client account.\n\n\nAverage commission per cleared Commissionable Order3 of $3.79 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n \n\n\nDec 2019\n \n\n\n\nAverage Commission per\n\n\n \n\n\n\nAverage\n\n\n\n\n \n\n\n\n \n\n\n\nCleared Commissionable Order\n\n\n \n\n\n\nOrder Size\n\n\n\n\n \n\n\nStocks\n \n\n\n\n$2.39\n\n\n \n\n\n\n1,636 shares\n\n\n\n\n \n\n\nEquity Options\n \n\n\n\n$5.53\n\n\n \n\n\n\n8.7 contracts\n\n\n\n\n \n\n\nFutures\n \n\n\n\n$6.05\n\n\n \n\n\n\n3.8 contracts\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, increased by 0.54% in December. Year to date, the value of the GLOBAL decreased 0.06%.\n\n\nMark to market on U.S. government securities portfolio5 was a loss of $1 million for the quarter, and a gain of $7 million year to date.\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:\n\n\nhttps://www.interactivebrokers.com/MonthlyMetrics\n\n\n\nIn December, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 3.1 basis points of trade money6, as measured against a daily VWAP7 benchmark (1.7 basis points net cost for th...