Interactive Brokers' DARTS Fall in December Amidst Uneven Metrics

Interactive Brokers, LLC (NASDAQ:IBKR) has reported its volumes for the month ending December 2015, which were characterized by a slight decline across key figures MoM, according to an Interactive Brokers’ statement.

For the month ending December 2015, the number of DARTs were reported at just 628,000, which corresponded to a fall -1.9% MoM from 640,000 in November 2015 – however, when weighed against its 2014 counterpart, we see a growth of 6.0% YoY from December 2014.

Moreover, Interactive Brokers’ equity balance across customers’ accounts totaled $67.4 billion in December 2015, virtually unchanged MoM from $67.3 billion in November 2015. Much like the performance across its DARTs however, December 2015 also managed to orchestrate a marked ascension over its 2014 equivalent, with the equity balance rising 19% YoY from December 2014.

Interactive Brokers’ ending client margin loan balances came in at just $17.0 billion in December 2015, or 3.0% higher MoM from $16.5 billion in November 2015, having also inched higher by 1.0% YoY from December 2014. A total of 331,000 customer accounts have also been active at the brokerage during December 2015, which is higher by 1.0% MoM when compared to November 2015 (329,100 accounts), and 18% higher YoY from December 2014.

Finally, average commissions per cleared customer order totaled $3.88 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 product metrics coming out at $2.09 for stocks, $6.33 for equity options and $6.17 for futures orders.

Despite the relatively tepid declines MoM, Interactive Brokers (NASDAQ:IBKR) share prices were down on the announcement, falling to $42.55 during US trading or -2.41% Monday. The stock made an unsuccessful attempt at the $45.00 handle last month after robust volumes and growth, having since edged lower in an uneven consolidation. It is impossible to not connect investor reactions to the release with the widespread bearishness facing US markets today to start off 2016.