Interactive Brokers Reports October 2015 Volumes, DARTs Retreat MoM

Interactive Brokers, LLC (NASDAQ:IBKR) has reported its volumes for the month ending October 2015, which saw a tepid decrease across a number of notable metrics when compared to the month prior, according to an Interactive Brokers statement.

For the month ending October 2015, the number of Daily Average Revenue Trades (DARTs) at Interactive Brokers were reported at 655,000, and a drop of -3.7% YoY from 680,000 in October 2014.

Despite the decline in DARTs over a monthly and yearly interval, the equity balance in customers’ accounts during October 2015 totaled $66.5 billion, representing an increase of 7.1% MoM from $62.1 billion in September 2015. In addition, Interactive Brokers bested its 2014 equivalent, having notched a gain of 19.4% YoY from just $55.7 billion in October 2014.

Interactive Brokers’ ending client margin loan balances also came in at $15.5 billion in October 2015, or -1.9% lower MoM from $15.8 billion in September 2015, though -8.3% lower YoY from $16.9 billion October 2014. A total of 326,000 customer accounts have been active at the brokerage during October 2015, which is marginally higher by 1.2% MoM when compared to September 2015 (322,000 accounts), and 17.8% higher YoY from 276,000 accounts in October 2014.

Finally, average commissions per cleared customer order totaled $3.70 including exchange, clearing and regulatory fees, with the key products metrics coming out at $1.98 for stocks, $6.06 for equity options and $6.30 for futures orders.

Last month, , underpinned by declining net revenues ($359 million) and income.

At the time of writing (Monday), Interactive Brokers is trading in positive territory, having settled at $42.31 during US trading, up 2.84% on the recent metrics release.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *