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

Interactive Brokers Group reported its April performance metrics, highlighting a 27% year-over-year increase in Daily Average Revenue Trades (DARTs) to 2.181 million.

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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 %