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.
Interactive Brokers Group Reports Positive October Trading Performance
interactive-brokers

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 , Clearing and regulatory fees.

The share price for Interactive Brokers was trading in the green, up 2.79% at 21.22.

interactive-brokers

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 , Clearing and regulatory fees.

The share price for Interactive Brokers was trading in the green, up 2.79% at 21.22.

About the Author: Adil Siddiqui
Adil Siddiqui
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