Options and stock volumes were higher, yet overall DARTs fell in March.
The Connecticut-headquartered online brokerage operator, Interactive Brokers Group, Inc., catering to clients globally including in foreign Exchange , and Equities - including in the U.S. Stock markets, today reported March trading metrics showing a 14% fall from the prior month.
The Nasdaq-listed operator, under ticker IBKR, saw the 14% fall in the Daily Average Revenue Trades (DARTs) which it said totaled 658,000 during each trading day in March, while was higher by 3% comparing the same month in 2015.
Client equity ending the month near $70.1 billion, up 6% from February’s total, and higher by 15% year-over-year (YoY). The number of client accounts grew by 1% to 345,000, and was also higher YoY by 16% compared to March 2015, yet the number of net-new accounts added was slightly less by a hundred accounts from the 5000 new accounts added in the prior month.
Credit balances were reported at $37.8 billion, up 2% month-over-month (MoM), and higher by 19% YoY, according to the company’s press release. On an annualized basis, the number of average cleared DARTs per client account totaled 446, whereas, the average commission per cleared client order was $3.89 including pass-through costs such as exchange, clearing, and regulatory fees.
The number of shares traded was higher along with options contracts, yet futures contracts had lower aggregate volume during March, when compared to the prior month. Despite the dip in DARTs during March, the number of stock shares traded rose nearly 20% to over 12 billion shares up by 1,837,145,000 from February's total. The number of option contracts traded was also higher during March, up nearly 2.9% to nearly 22.6 million from 21,635,000 contracts reported in February.
An excerpt below of one of the accompanying documents updated today by the company shows key figures for Q1, including the March totals just reported. Shares of IBKR pulled back to $39.50 from session highs, following the news, yet is still up so far as the trading session comes to a close this Friday afternoon in New York.
The Connecticut-headquartered online brokerage operator, Interactive Brokers Group, Inc., catering to clients globally including in foreign Exchange , and Equities - including in the U.S. Stock markets, today reported March trading metrics showing a 14% fall from the prior month.
The Nasdaq-listed operator, under ticker IBKR, saw the 14% fall in the Daily Average Revenue Trades (DARTs) which it said totaled 658,000 during each trading day in March, while was higher by 3% comparing the same month in 2015.
Client equity ending the month near $70.1 billion, up 6% from February’s total, and higher by 15% year-over-year (YoY). The number of client accounts grew by 1% to 345,000, and was also higher YoY by 16% compared to March 2015, yet the number of net-new accounts added was slightly less by a hundred accounts from the 5000 new accounts added in the prior month.
Credit balances were reported at $37.8 billion, up 2% month-over-month (MoM), and higher by 19% YoY, according to the company’s press release. On an annualized basis, the number of average cleared DARTs per client account totaled 446, whereas, the average commission per cleared client order was $3.89 including pass-through costs such as exchange, clearing, and regulatory fees.
The number of shares traded was higher along with options contracts, yet futures contracts had lower aggregate volume during March, when compared to the prior month. Despite the dip in DARTs during March, the number of stock shares traded rose nearly 20% to over 12 billion shares up by 1,837,145,000 from February's total. The number of option contracts traded was also higher during March, up nearly 2.9% to nearly 22.6 million from 21,635,000 contracts reported in February.
An excerpt below of one of the accompanying documents updated today by the company shows key figures for Q1, including the March totals just reported. Shares of IBKR pulled back to $39.50 from session highs, following the news, yet is still up so far as the trading session comes to a close this Friday afternoon in New York.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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