Core Insights - Interactive Brokers (IBKR) reported strong growth in its Electronic Brokerage monthly performance metrics for January, indicating robust client activity and increasing equity balances. Group 1: Performance Metrics - Daily Average Revenue Trades (DARTs) reached 4.411 million, a 27% increase year-over-year and a 30% increase month-over-month [1] - Ending client equity stood at $814.3 billion, reflecting a 38% increase year-over-year and a 4% increase month-over-month [1] - Ending client margin loan balances were $91.2 billion, which is 41% higher than the previous year and 1% higher than the previous month [1] - Ending client credit balances totaled $162.6 billion, including $6.2 billion in insured bank deposit sweeps, marking a 35% increase year-over-year and a 2% increase month-over-month [1] - The number of client accounts reached 4.539 million, a 32% increase year-over-year and a 3% increase month-over-month [1] - The annualized average cleared DARTs per client account was 211 [1] - The average commission per cleared Commissionable Order was $2.62, inclusive of exchange, clearing, and regulatory fees [1]
Interactive Brokers reports January DARTs 27% higher than prior year