Interactive Brokers Reports April 2015 Volumes, DARTS Suffer Decline

Interactive Brokers, LLC (NASDAQ:IBKR) has reported its metrics for the month ending April 2015, which yielded lower figures than March and having failed to break out of a tight consolidation of volumes in back-to-back months, according to an Interactive Brokers statement.

April’s monthly volumes are roughly in line with , which showed flat Daily Average Revenue Trades released, along with an equity balance in customers accounts totaling $49 billion.

In particular, the number of Daily Average Revenue Trades was reported at 630,000 in April 2015, corresponding to a 9% YoY rise from April 2014 and -1% lower MoM from March 2015. Moreover, the equity balance in customers accounts totaled $65.2 billion, which represents a growth of 7% MoM from March 2015 and 32% higher YoY from April 2014.

Interactive Brokers’ ending client margin loan balances came in at $18.7 billion in April 2015, or 8% higher MoM from March 2015 and 27% higher than YoY from April 2014. A total of 302,000 customer accounts have been active at the brokerage during April 2015, which is higher by 2% MoM when compared to March 2015, and 18% higher YoY from April 2014.

Finally, Average commissions per cleared customer order totaled $422 including exchange, clearing and regulatory fees, with the key products metrics coming out at $2.81 for stocks, $6.14 for equity options and $6.68 for futures orders.
According to Finance Magnates researchers, Interactive Brokers’ stock (NASDAQ:IBKR) presently trades at $34.09 a share, slightly off a 52-week high of $34.97 nearly one month ago.

Earlier this week, who claim the firm facilitated “reckless trading” by their trust fund overseer.

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