Interactive Brokers Reveals Flat Metrics in April, DARTs Drop YoY
- On average, Interactive Brokers charged clients in April 2017 commission fees of $4.04 per order.
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 reported its volumes for the month ending April 2017, which showed mixed results across a number of notable metrics, according to an Interactive Brokers statement.
The London Summit 2017 is coming, get involved!
During April 2017, the number of DARTs were reported at 645,000, which correlated to a decline of -3.0 percent year-on-year from 662,000 in April 2016. Over a month-on-month basis, Interactive Brokers showed a flat performance in clients’ DARTs relative to the prior month with April’s figure declining approximately 1 percent relative to 649,000 reported back in March 2017.
Despite the decline in DARTs over a yearly interval, the equity balance in customers’ accounts during April 2017 totaled $99.3 billion, representing an increase of 38.0 percent year-on-year from $71.8 billion in the same month a year earlier. In addition, Interactive Brokers bested its March 2017 equivalent, having notched a gain of 3.0 percent month-on-month from just $96.8 billion in the prior month.
Interactive Brokers’ ending client margin loan balances also came in at $21.8 billion in April 2017, or 4.0 percent higher month-on-month from $20.9 billion in March 2017. Across a yearly interval, the figure moved higher by 40.0 percent year-on-year when weighed against $15.6 billion in April 2016.
Business highlights, according to the company’s press release, also showed that a total of 411,000 customer accounts were active at IB during April 2017. The figure was marginally higher by 1.0 percent month-on-month when compared to March 2017 (406,000 accounts), and 18.0 percent higher year-on-year from 348,000 accounts in the previous year.
On average, Interactive Brokers charged clients in April 2017 commission fees of $4.04 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 $2.33 for stocks, $6.00 for equity options and $6.56 for futures orders.
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 reported its volumes for the month ending April 2017, which showed mixed results across a number of notable metrics, according to an Interactive Brokers statement.
The London Summit 2017 is coming, get involved!
During April 2017, the number of DARTs were reported at 645,000, which correlated to a decline of -3.0 percent year-on-year from 662,000 in April 2016. Over a month-on-month basis, Interactive Brokers showed a flat performance in clients’ DARTs relative to the prior month with April’s figure declining approximately 1 percent relative to 649,000 reported back in March 2017.
Despite the decline in DARTs over a yearly interval, the equity balance in customers’ accounts during April 2017 totaled $99.3 billion, representing an increase of 38.0 percent year-on-year from $71.8 billion in the same month a year earlier. In addition, Interactive Brokers bested its March 2017 equivalent, having notched a gain of 3.0 percent month-on-month from just $96.8 billion in the prior month.
Interactive Brokers’ ending client margin loan balances also came in at $21.8 billion in April 2017, or 4.0 percent higher month-on-month from $20.9 billion in March 2017. Across a yearly interval, the figure moved higher by 40.0 percent year-on-year when weighed against $15.6 billion in April 2016.
Business highlights, according to the company’s press release, also showed that a total of 411,000 customer accounts were active at IB during April 2017. The figure was marginally higher by 1.0 percent month-on-month when compared to March 2017 (406,000 accounts), and 18.0 percent higher year-on-year from 348,000 accounts in the previous year.
On average, Interactive Brokers charged clients in April 2017 commission fees of $4.04 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 $2.33 for stocks, $6.00 for equity options and $6.56 for futures orders.