Interactive Brokers Reports August 2015 Volumes, DARTs Jump Up
- For the month ending August 2015, the number of DARTs reached 737,000, corresponding to a surge of 13% MoM and 49% YoY.
Interactive Brokers, LLC (NASDAQ:IBKR) has revealed its volumes for the month ending August 2015, showing a higher performance in a few notable metrics compared with July but overall mixed results.
For the month ending August 2015, the number of Daily Average Revenue Trades (DARTs) were reported at 652,000, corresponding to a jump of 13% MoM from July 2015 and 49% higher YoY from August 2014.
These gains were partly pared by the equity balance in customers accounts totaled just $62.9 billion in August 2015, which represents a decline of 4% from $65.8 billion in July 2015. As is the case with most of its business however, 2015 has been a more fruitful year for Interactive Brokers, with equity balance rising 13% YoY from August 2014.
Interactive Brokers’ ending client margin loan balances came in at $16.3 billion in August 2015, or 10% lower MoM from $18.1 billion in July 2015, and 2% lower YoY from August 2014. A total of 317,000 customer accounts have been active at the brokerage during August 2015, which is marginally higher by 1% MoM when compared to July 2015 (314,000 accounts), and 18% higher YoY from August 2014.
Finally, average commissions per cleared customer order totaled $4.15 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, with the key products metrics coming out at $2..28 for stocks, $6.95 for equity options and $6.68 for futures orders.
Interactive Brokers, LLC (NASDAQ:IBKR) has revealed its volumes for the month ending August 2015, showing a higher performance in a few notable metrics compared with July but overall mixed results.
For the month ending August 2015, the number of Daily Average Revenue Trades (DARTs) were reported at 652,000, corresponding to a jump of 13% MoM from July 2015 and 49% higher YoY from August 2014.
These gains were partly pared by the equity balance in customers accounts totaled just $62.9 billion in August 2015, which represents a decline of 4% from $65.8 billion in July 2015. As is the case with most of its business however, 2015 has been a more fruitful year for Interactive Brokers, with equity balance rising 13% YoY from August 2014.
Interactive Brokers’ ending client margin loan balances came in at $16.3 billion in August 2015, or 10% lower MoM from $18.1 billion in July 2015, and 2% lower YoY from August 2014. A total of 317,000 customer accounts have been active at the brokerage during August 2015, which is marginally higher by 1% MoM when compared to July 2015 (314,000 accounts), and 18% higher YoY from August 2014.
Finally, average commissions per cleared customer order totaled $4.15 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, with the key products metrics coming out at $2..28 for stocks, $6.95 for equity options and $6.68 for futures orders.