Reports From Interactive Brokers DARTs Increased By 8% Year On Year In August

It had 1.99 million customer accounts at the end of the month.

It cleared 222 yearly DARTs per customer on average.

Interactive Brokers (Nasdaq: IBKR), a well-known American electronic trading platform with a worldwide reach, has released its August performance data. The Daily Average Revenue Trades (DARTs) totaled 1.968 million, up 8% from the previous month but down 9% from the previous year.

The broker ended the month with $310.1 billion in client equity, a 1% decrease from the previous month but a 15% decrease from the previous year. The customer margin loan amount increased by 2% monthly to $43.1 billion, a 13 percent decrease.

At the end of August, the client's credit amount was $95.9 billion, 2% more than in July and 13% higher than in August 2021. $2.1 billion in insured bank deposit sweeps are included in the total.

Furthermore, the broker's platform saw solid growth in customers. It completed the month with 1.99 million customer accounts, a 2% monthly increase, and a 33% increase over the same month last year.

It cleared 222 yearly DARTs per customer on average. The broker paid an average commission of $2.87 per cleared commissionable order, including exchange, clearing, and regulatory fees.

2022 Performance Interactive Brokers' revenue fell in both the first and second quarters of 2022. It generated $645 million in net revenue between January and March and $656 million in the following three months. The declines in the first and second quarters were 28% and 13%, respectively.

The broker's pre-tax income was $394 million in the first quarter and $392 million in the second quarter. When compared to the same quarter the previous year, both numbers fell.

About Interactive Brokers

The most comprehensive investment platforms are led by Interactive Brokers (IBKR). From a single integrated account, clients can trade stocks, options, futures, forex, cryptocurrencies, bonds, and funds in 135 markets. The Impact Dashboard and app, which let you analyze assets via a socially responsible investing (SRI) perspective, will please sustainable investors. The downloadable Trader Workstation (TWS) software caters to professional traders and skilled, active investors looking for complicated technical and fundamental trading tools as well as in-depth research.

In terms of assets, research reports, global market access, tools, calculators, and educational materials, Interactive Brokers is unrivaled. This variety of goods and services is both a boon and a burden. The sheer volume of information available on IBKR might be overwhelming at times. However, the free paper trading and three-month trial period allow consumers to test out this complete investing broker.

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