Interactive Brokers Group Reports Positive October Trading Performance
by
Adil Siddiqui
- Leading multi-asset broker, Interactive Brokers Group has reported operating metrics for October. The US based firm saw trading activity rise both on a month on month and year on year basis across all segments.
Greenwich, USA based financial services broker, Interactive Brokers has reported positive trading activity for the month of October. Despite the US shut down the broker saw trading activity increase from figures reported a month earlier.
Highlights for the month included:
- 510 thousand Daily Average Revenue Trades (DARTs), 32% higher than prior year and 7% higher than prior month.
- Ending customer equity of $43.1 billion, 36% higher than prior year and 4% higher than prior month.
- Ending customer margin loan balances of $12.6 billion, 37% higher than prior year and 1% lower than prior month.
- Ending customer credit balances of $25.4 billion, 25% higher than prior year and 3% higher than prior month.
- 234 thousand customer accounts, 13% higher than prior year and 1% higher than prior month.
- 499 annualized average cleared DARTs per customer account.
- Average commission per cleared customer order of $4.31 including Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term and regulatory fees.
The share price for Interactive Brokers was trading in the green, up 2.79% at 21.22.
Greenwich, USA based financial services broker, Interactive Brokers has reported positive trading activity for the month of October. Despite the US shut down the broker saw trading activity increase from figures reported a month earlier.
Highlights for the month included:
- 510 thousand Daily Average Revenue Trades (DARTs), 32% higher than prior year and 7% higher than prior month.
- Ending customer equity of $43.1 billion, 36% higher than prior year and 4% higher than prior month.
- Ending customer margin loan balances of $12.6 billion, 37% higher than prior year and 1% lower than prior month.
- Ending customer credit balances of $25.4 billion, 25% higher than prior year and 3% higher than prior month.
- 234 thousand customer accounts, 13% higher than prior year and 1% higher than prior month.
- 499 annualized average cleared DARTs per customer account.
- Average commission per cleared customer order of $4.31 including Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term and regulatory fees.
The share price for Interactive Brokers was trading in the green, up 2.79% at 21.22.
Topics
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT