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

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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 %
Interactive Brokers Group, Inc.

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12.86B
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Investment Banking and Securities Dealing
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United States of America
GREENWICH

About IBKR

interactive brokers llc (ib) is a low cost provider of trade execution and clearing services for individuals, advisors, prop trading groups, brokers and hedge funds. ib's premier technology provides electronic access to stocks, options, futures, forex, bonds and funds on over 100 markets worldwide from a single ib universal account. interactive brokers group's (ibg) headquarters are in greenwich connecticut. ibg has approximately 980 employees in its offices in the usa, switzerland, canada, hong kong, uk, australia, hungary, russia, india, china and estonia. ib is regulated by the sec, finra, nyse, sfa and other regulatory agencies around the world.