Interactive Brokers Group Reports Brokerage Metrics for November 2015 

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

Highlights for the month included:

  • 640 thousand Daily Average Revenue Trades (DARTs), 11% higher than prior year and 2% lower than prior month.
  • Ending client equity of $67.3 billion, 17% higher than prior year and 1% higher than prior month.
  • Ending client margin loan balances of $16.5 billion, 12% lower than prior year and 6% higher than prior month.
  • Ending client credit balances of $37.1 billion, 15% higher than prior year and 3% higher than prior month.
  • 329 thousand client accounts, 18% higher than prior year and 1% higher than prior month.
  • 444 annualized average cleared DARTs per client account.
  • Average commission per cleared client order of $3.86 including exchange, clearing and regulatory fees. Key products:

 

November 2015 Average Commission per Cleared   Client Order Average Order Size
Stocks $2.17 1,698 shares
Equity Options $6.01 9 contracts
Futures $6.31 3.8 contracts

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 November, clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was 0.6 basis point of trade money1, as measured against a daily VWAP2benchmark (0.8 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 0.8 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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