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Interactive Brokers reports August DARTs up 26% y/y.

Interactive Brokers Group reported its Electronic Brokerage monthly performance metrics for August. Brokerage highlights for the month included: 930,000 Daily Average Revenue Trades, 26% higher than prior year and 16% higher than prior month. Ending client equity of $154.6B, 10% higher than prior year and 1% lower than prior month. Ending client margin loan balances of $25.6B, 12% lower than prior year and 3% lower than prior month. Ending client credit balances of $54.7B, including $2.2B in insured bank deposit sweeps, 10% higher than prior year and 2% lower than prior month. 660,000 client accounts, 17% higher than prior year and 1% higher than prior month. 325 annualized average cleared DARTs per client account. Average commission per cleared client order of $3.68 including exchange, clearing and regulatory fees.

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Publication:The Fly
Date:Sep 3, 2019
Words:135
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