Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for April 2021, Includes Reg.-NMS Execution Statistics

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Tags

05/03/2021 - 12:39 PM

Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for April.

Brokerage highlights for the month included:

2.181 million Daily Average Revenue Trades (DARTs)¹, 27% higher than prior year and 27% lower than prior month.
Ending client equity of $344.4 billion, 92% higher than prior year and 4% higher than prior month.
Ending client margin loan balances of $45.0 billion, 118% higher than prior year and 7% higher than prior month.
Ending client credit balances of $82.4 billion, including $2.8 billion in insured bank deposit sweeps², 19% higher than prior year and 2% lower than prior month.
1.36 million client accounts, 69% higher than prior year and 3% higher than prior month.
370 annualized average cleared DARTs¹ per client account.
Average commission per cleared Commissionable Order³ of $2.39 including exchange, clearing and regulatory fees. Key products:

April 2021	Average Commission per	Average
	Cleared Commissionable Order	Order Size
Stocks	$1.64	2,130 shares
Equity Options	$3.73	6.3 contracts
Futures	$4.23	2.9 contracts

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

Other financial information for Interactive Brokers Group:

GLOBAL⁴: The value of the GLOBAL, reported in U.S. dollars, increased by 0.45% in April.

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

For the full multimedia release with graph see link: https://www.interactivebrokers.com/MonthlyMetrics

In April, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.0 basis points of trade money⁵, as measured against a daily VWAP⁶ benchmark (3.1 basis points net cost for the rolling twelve months).

IBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail

All amounts are in millions, except %