Interactive Brokers Group Reports Brokerage Metrics for March 2016 

Interactive-Brokers-Fang-Li

Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for March.

Highlights for the month included:

  • 658 thousand Daily Average Revenue Trades (DARTs), 3% higher than prior year and 14% lower than prior month.
  • Ending client equity of $70.1 billion, 15% higher than prior year and 6% higher than prior month.
  • Ending client margin loan balances of $15.0 billion, 13% lower than prior year and 3% higher than prior month.
  • Ending client credit balances of $37.8 billion, 19% higher than prior year and 2% higher than prior month.
  • 345 thousand client accounts, 16% higher than prior year and 1% higher than prior month.
  • 446 annualized average cleared DARTs per client account.
  • Average commission per cleared client order of $3.89 including exchange, clearing and regulatory fees. Key products:

ib

Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 56% of the futures commissions.

 

In the interest of transparency, we quantify our clients’ all-in cost of trade execution below.

  • In March, clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was 0.5 basis points of trade money1, as measured against a daily VWAP2 benchmark (0.6 basis point for the rolling twelve months).

The above illustrates that the rolling twelve months’ average all-in cost of a client U.S. Reg.-NMS stock trade was 0.6 basis point.

Note 1: Trade money is the total amount of money clients spent or received, including all commissions and fees.
Note 2: Consistent with the clients’ trading activity, the computed VWAP benchmark includes extended trading hours.

Source: Interactive Brokers

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