Interactive Brokers Sees an Increase of 10% in DARTs for June 2021

Interactive Brokers LLC (NASDAQ: IBKR) released its monthly performance metrics for June, noting that 2.471 million Daily Average Revenue Trades (DARTs) were seen in the firm over the month, which is 10% higher than the prior month. Additionally, according to the report, ending client equity was $363.5 billion in June, which represented a surge of 79% compared to the last year’s figure. Still, it was slightly higher month-over-month.

“Ending client margin loan balances of $48.8 billion, 96% higher than prior year and 7% higher than prior month. Ending client credit balances of $82.1 billion, including $2.7 billion in insured bank deposit sweeps, 16% higher than prior year and 2% higher than prior month,” the brokerage noted.

In terms of clients’ accounts, Interactive Brokers said it witnessed 1.41 million accounts created, which is 61% higher than 2020 and 2% higher than the prior month. However, annualized average cleared DARTs per client account was 401. The so-called DART is a critical indicator used by most US brokers to measure their clients’ activity.

May 2021 Metrics

In May, Interactive Brokers DARTs numbered 2.25 million, which is 37% higher than the prior year and 3% higher than the prior month. Furthermore, ending client equity was $348.3 billion, which is 83% higher than 2020 and 1% higher than April. At that time, the report detailed another uptick that was witnessed by the US-listed brokerage regarding their ending client equity in March. As a result, the brokerage company accounted for a total of $330.6 billion for the month. Also, the ending client margin loan balances in the firm were $45.8 billion, which was 97% higher than 2020 and 2% higher than April 2021.

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