Interactive Brokers Reports August 2015 Volumes, DARTs Jump Up

Tuesday, 01/09/2015 | 16:31 GMT by Avi Mizrahi
  • For the month ending August 2015, the number of DARTs reached 737,000, corresponding to a surge of 13% MoM and 49% YoY.
Interactive Brokers Reports August 2015 Volumes, DARTs Jump Up
Interactive Brokers

Interactive Brokers, LLC (NASDAQ:IBKR) has revealed its volumes for the month ending August 2015, showing a higher performance in a few notable metrics compared with July but overall mixed results.

For the month ending August 2015, the number of Daily Average Revenue Trades (DARTs) were reported at 652,000, corresponding to a jump of 13% MoM from July 2015 and 49% higher YoY from August 2014.

These gains were partly pared by the equity balance in customers accounts totaled just $62.9 billion in August 2015, which represents a decline of 4% from $65.8 billion in July 2015. As is the case with most of its business however, 2015 has been a more fruitful year for Interactive Brokers, with equity balance rising 13% YoY from August 2014.

Interactive Brokers’ ending client margin loan balances came in at $16.3 billion in August 2015, or 10% lower MoM from $18.1 billion in July 2015, and 2% lower YoY from August 2014. A total of 317,000 customer accounts have been active at the brokerage during August 2015, which is marginally higher by 1% MoM when compared to July 2015 (314,000 accounts), and 18% higher YoY from August 2014.

Finally, average commissions per cleared customer order totaled $4.15 including Exchange , Clearing and regulatory fees, with the key products metrics coming out at $2..28 for stocks, $6.95 for equity options and $6.68 for futures orders.

Interactive Brokers, LLC (NASDAQ:IBKR) has revealed its volumes for the month ending August 2015, showing a higher performance in a few notable metrics compared with July but overall mixed results.

For the month ending August 2015, the number of Daily Average Revenue Trades (DARTs) were reported at 652,000, corresponding to a jump of 13% MoM from July 2015 and 49% higher YoY from August 2014.

These gains were partly pared by the equity balance in customers accounts totaled just $62.9 billion in August 2015, which represents a decline of 4% from $65.8 billion in July 2015. As is the case with most of its business however, 2015 has been a more fruitful year for Interactive Brokers, with equity balance rising 13% YoY from August 2014.

Interactive Brokers’ ending client margin loan balances came in at $16.3 billion in August 2015, or 10% lower MoM from $18.1 billion in July 2015, and 2% lower YoY from August 2014. A total of 317,000 customer accounts have been active at the brokerage during August 2015, which is marginally higher by 1% MoM when compared to July 2015 (314,000 accounts), and 18% higher YoY from August 2014.

Finally, average commissions per cleared customer order totaled $4.15 including Exchange , Clearing and regulatory fees, with the key products metrics coming out at $2..28 for stocks, $6.95 for equity options and $6.68 for futures orders.

About the Author: Avi Mizrahi
Avi Mizrahi
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