Interactive Brokers’ Starts 2017 with DARTs Trending Higher

Interactive Brokers LLC (NASDAQ:IBKR) has reported its monthly trading volumes for January 2017, which started the year off on a positive note, climbing on a MoM basis, helped in part by an uptick in Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term after what had been a traditionally slower period in December.

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The first month of the calendar year saw DARTs climb to 646,000, which corresponded to a growth of 9.1 percent month-on-month from 592,000 in December 2016. Over a year-on-year basis, Interactive Brokers did however experience a decline in DARTs with January 2017’s DARTs retreating approximately 22.2 percent year-on-year relative to 830,000 DARTs reported back in January 2016.

Looking deeper into Interactive Brokers’ latest monthly report, the group’s equity balance across customer accounts during January 2017 continued to climb higher to $89.4 billion, or 4.6 percent higher month-on-month from just $85.5 billion in December 2016.

When measured over a longer period, this climb was much higher over a yearly timeframe, having moved higher by 37.9 percent when compared to a year ago, when the company reported $64.8 billion. This area has continued to solidify itself as one of the strongest segments of growth at Interactive Brokers.

Interactive Brokers’ ending client margin loan balances snapped an upward streak in January 2017, yielding $18.7 billion for the month, which is a decline of 3.6 percent on a monthly basis. The company's loan balances had been trending higher in every month since September 2016 – compared to last year however, the latest figures are 19.9 percent higher when the figure was $15.6 billion.

New High in Accounts

Moving to its customer accounts, Interactive Brokers disclosed a figure of 391,200 for January 2017. The number is rising in consecutive months, this time by 1.6 percent month-on-month from 385,100 accounts in December 2016. The number of accounts at Interactive Brokers has now been increasing during every calendar month for a year.