Interactive Brokers Group Reports Brokerage Metrics for July 2015, includes Reg.- NMS Execution Statistics 

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

Highlights for the month included:

• 652 thousand Daily Average Revenue Trades (DARTs), 23% higher than prior year and 9% higher than prior month.
• Ending client equity of $65.8 billion, 23% higher than prior year and flat to prior month.
• Ending client margin loan balances of $18.1 billion, 14% higher than prior year and 5% lower than prior month.
• Ending client credit balances of $34.6 billion, 21% higher than prior year and 3% higher than prior month.
• 314 thousand client accounts, 18% higher than prior year and 1% higher than prior month.
• 476 annualized average cleared DARTs per client account.
• Average commission per cleared client order of $4.20 including exchange, clearing and regulatory fees. Key products:

 

Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 55% of the futures commissions.

 

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

• In July, clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was 1.1 basis points of trade money 1, as measured against a daily VWAP 2 benchmark (0.9 basis points 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 0.9 basis points.

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 Group 

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