Interactive Brokers Group, Inc. (NASDAQ:IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for November.
Brokerage highlights for the month included:
- 3.306 million Daily Average Revenue Trades (DARTs)1, 74% higher than prior year and 17% higher than prior month.
- Ending client equity of $575.9 billion, 42% higher than prior year and 7% higher than prior month.
- Ending client margin loan balances of $60.2 billion, 43% higher than prior year and 2% higher than prior month.
- Ending client credit balances of $118.8 billion, including $4.7 billion in insured bank deposit sweeps2, 17% higher than prior year and 1% higher than prior month.
- 3.253 million client accounts, 29% higher than prior year and 2% higher than prior month.
- 227 annualized average cleared DARTs1 per client account.
- Average commission per cleared Commissionable Order4 of $2.70 including exchange, clearing and regulatory fees. Key products:
| November 2024 | Average | Average Commission per | ||||
| Order Size | Cleared Commissionable Order | |||||
| Stocks | 785 shares | $1.91 | ||||
| Equity Options | 6.8 contracts | $3.96 | ||||
| Futures | 3.1 contracts | $4.46 |
Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 56% of the futures commissions.