Interactive Brokers Reports May 2014 Trading Metrics, DARTs Decrease by 10% MoM

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

Interactive Brokers reported 518,000 Daily Average Revenue Trades (DARTs) in May, 10% lower from the previous month but 2% higher compared with the same month of the previous year. The total client equity reached $51 billion during the month, just 3% higher than the April figure but an impressive 35% increase from May 2013. Client equity comprised of 259,000 accounts, 1% more than April and 16% more than the same month last year.

Other highlights from Interactive Brokers for the month of May 2014 included:

• Ending customer margin loan balances of $14.8 billion, 33% higher than prior year and 1% higher than prior month.
• Ending customer credit balances of $27.8 billion, 22% higher than prior year and 3% higher than prior month.
• 466 annualized average cleared DARTs per customer account.
• Average commission per cleared customer order of $3.90 including Exchange , Clearing and regulatory fees. Key products: Stocks $2.07, Equity Options $6.07, Futures $6.48.

These mixed and moderate trading metrics during May come after a very successful first quarter when Interactive Brokers' net revenue soared by 64% year- over-year.