Interactive Brokers Reveals Flat Brokerage Metrics in April, DARTs Drop MoM

Interactive Brokers LLC (NASDAQ:IBKR), a global electronic Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term broker and market-maker listed on Nasdaq, has just disclosed its consolidated trading volumes for the month ending April 30, 2018, which showed mixed results across both monthly and yearly intervals.

During April 2018, the number of DARTs were reported at 812,000, a fall of 10 percent month-over-month from 903,000 in March 2018. On a year-on-year basis, Interactive Brokers saw a better performance in its DARTs with April’s figure jumping approximately 26 percent relative to 645,000 reported in April 2017.

In terms of equity balance in customers’ accounts during April 2018, the figure totaled $130.4 billion, an increase of 31.0 percent year-on-year from $99.3 billion. In addition, Interactive Brokers managed to slightly best its March 2018 equivalent, having notched a gain of less than 1 percent from $129.2 billion in the prior month.

Interactive Brokers’ ending client margin loan balances came in at $29.7 billion in April 2018, virtually unchanged from $29.3 billion in March 2018. Across a yearly interval, the figure moved higher by 34.0 percent when weighed against $21.8 billion in April 2017.

Business highlights, according to the company’s press release, also showed that a total of 525,000 customer accounts were active at IB during April 2018. The figure was higher by 1.5 percent month-on-month when compared to March 2018 (517,000 accounts), and 28.0 percent higher from 418,000 accounts a year ago.

On average, in April 2018 Interactive Brokers charged clients commission fees of $3.88 per order, 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 and regulatory fees, with the key products metrics coming out at $2.32 for stocks, $5.83 for equity options and $5.56 for futures orders.

Earlier in April, Interactive Brokers reported $527 million in revenues for the three months through March 2018, up 40 percent when compared to the first quarter of 2017.