Interactive Brokers’ Metrics Show Advance Across DARTs and Active Accounts

Interactive Brokers LLC (NASDAQ:IBKR), a global electronic Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term broker and market-maker listed on Nasdaq, has just disclosed its consolidated trading volumes for the month ending November 2017, which showed healthy results across both monthly and yearly intervals.

During November 2017, the number of DARTs were reported at 795,000, a rise of 14.0 percent month-over-month from 698,000 in October 2017. Over a year-on-year basis, Interactive Brokers saw a less upbeat performance in its DARTs with November’s figure jumping approximately 9 percent relative to 728,000 reported back in November 2016.

In terms of equity balance in customers’ accounts during November 2017, the figure totaled $121.6 billion, an increase of 44.0 percent year-on-year from $84.7 billion. In addition, Interactive Brokers bested its October 2017 equivalent, having notched a gain of 1.0 percent from just $120.6 billion in the prior month.

Interactive Brokers’ ending client margin loan balances also came in at $27.1 billion in November 2017, or 7.0 percent higher month-on-month from $25.3 billion in October 2017. Across a yearly interval, the figure moved higher by 51.0 percent when weighed against $18.0 billion in November 2016.

Business highlights, according to the company’s press release, also showed that a total of 474,000 customer accounts were active at IB during November 2017. The figure was higher by 2.0 percent month-on-month when compared to October 2017 (464,500 accounts), and 25.0 percent higher from 380,000 accounts year-on-year.

On average, in November 2017 Interactive Brokers charged clients commission fees of $3.95 per order, 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 and regulatory fees, with the key products metrics coming out at $2.50 for stocks, $5.98 for equity options and $6.23 for futures orders.