Interactive Brokers Reports January Trading Metrics, DARTs Increase By 22% MoM

Interactive Brokers Group, Inc., the American-based retail online broker and market maker, today released its electronic brokerage monthly performance metrics for January 2014, showing mixed results compared to the previous month and overall improvements on a yearly frame of reference.

Interactive Brokers reported 583,000 Daily Average Revenue Trades (DARTs) in January, that is 22% higher than the previous month and 27% higher than the same month of last year. The total client equity remained flat at $45.7 billion during the month, but that is still a 33% increase from January 2013. Client equity comprised of 243,000 accounts, 2% more than December and 15% more than the same month last year.

Other highlights from Interactive Brokers for the month included:

• Ending customer margin loan balances of $13.9 billion, 25% higher than prior year and 3% higher than prior month.
• Ending customer credit balances of $25.6 billion, 15% higher than prior year and 1% lower than prior month.
• 550 annualized average cleared DARTs per customer account.
• Average commission per cleared customer order of $4.20 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. Key products: Stocks $2.47 Equity Options $6.06 Futures $6.68