Interactive Brokers September DARTs Rebound Amidst Rising Volatility

The group's volumes and September figures climbed across the board as volatility returned to markets.

Interactive Brokers, LLC (NASDAQ:IBKR) has reported its consolidated trading volumes for the month ending September 2016, which managed to undergo a sizable rebound across its DARTs MoM – following a string of months which were handicapped by low volatility, the group’s latest figures illustrated an outperformance on a monthly basis, according to an Interactive Brokers’ release.

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During September 2016, the number of DARTs were reported at just 651,000, justifying a growth of 13.0% MoM from 576,000 in August 2016. The latest figures snapped what had been several months of diminishing DARTs, given a downturn of volatility in the summer months. This trend was not exclusive to Interactive Brokers however, as virtually every other retail and institutional trading venue witnessed monthly downturns in volumes.

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Over a YoY basis, Interactive Brokers saw a slight change off of its 2015 counterpart – as September 2016’s DARTs rescinded approximately -2.0% YoY relative to 662,000 DARTs set back in September 2015.

Looking deeper into Interactive Brokers’ other monthly metrics of note, the group’s equity balance across customers’ accounts during September 2016 swelled to $82.7 billion, climbing higher MoM by a factor of 2.9% MoM from $80.4 billion in August 2016. Additionally, this climb was reinforced by a jump of 33.2% YoY from $62.1 billion in September 2015.

Interactive Brokers’ ending client margin loan balances also managed to register a higher level in September 2016, yielding $18.1 billion for the month, whereby increasing by 11.0% MoM from $16.3 billion in August 2016. However, over a yearly timetable this growth was even stronger YoY compared with $15.8 billion in September 2015. Moving to its customer accounts, Interactive Brokers disclosed a figure of 370,400 during September 2016, inching higher by 1.4% MoM from 365,300 accounts in August 2016.

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