Business
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for January 2020, 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 January.\n\n\nBrokerage highlights for the month included:\n\n\n\n1,019 thousand Daily Average Revenue Trades (DARTs)1, 20% higher than prior year and 32% higher than prior month.\n\n\nEnding client equity of $176.1 billion, 27% higher than prior year and 1% higher than prior month.\n\n\nEnding client margin loan balances of $27.3 billion, 15% higher than prior year and 12% lower than prior month.\n\n\nEnding client credit balances of $58.9 billion, including $2.4 billion in insured bank deposit sweeps2, 15% higher than prior year and 2% higher than prior month.\n\n\n705 thousand client accounts, 16% higher than prior year and 2% higher than prior month.\n\n\n329 annualized average cleared DARTs1 per client account.\n\n\nAverage commission per cleared Commissionable Order3 of $3.67 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\n\n\n\n\n\n\n\n\nJan 2020\n \nAverage Commission per \n \n\nAverage\n\n\n\n\n\n\n\n\n\n\n\n \nCleared Commissionable Order\n \n\nOrder Size\n\n\n\n\n\n\n\n\n\n\nStocks\n \n\n$2.40\n\n\n \n\n1,599 shares\n\n\n\n\n\n\n\n\n\n\nEquity Options\n \n\n$5.23\n\n\n \n\n8.1 contracts\n\n\n\n\n\n\n\n\n\n\nFutures\n \n\n$5.50\n\n\n \n\n3.3 contracts\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\nGLOBAL4: The value of the GLOBAL, reported in U.S. dollars, decreased by 0.24% in January.\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 January, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 1.9 basis points of trade money5, as measured against a daily VWAP6 benchmark (1.8 basis points net cost for the rolling twelve months).\n\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\...