Benzinga | Oct 1, 2021 12:28PM EDT

Interactive Brokers Group Reports 2.26M Daily Average Revenue Trades

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

Brokerage highlights for the month included:

* 2.260 million Daily Average Revenue Trades (DARTs)1, 16% higher than prior year and 4% higher than prior month.

* Ending client equity of $353.8 billion, 52% higher than prior year and 3% lower than prior month.

* Ending client margin loan balances of $50.2 billion, 67% higher than prior year and 1% higher than prior month.

* Ending client credit balances of $86.2 billion, including $2.7 billion in insured bank deposit sweeps2, 22% higher than prior year and 2% higher than prior month.

* 1.54 million client accounts, 57% higher than prior year and 3% higher than prior month.

* 334 annualized average cleared DARTs1 per client account.

* Average commission per cleared Commissionable Order3 of $2.58 including exchange, clearing and regulatory fees. Key products:

September 2021 Average Commission per Average Cleared Commissionable Order Order Size Stocks $1.82 2,565 shares

Equity Options $3.70 6.6 contracts

Futures $4.25 3.0 contracts

Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 55% of the futures commissions.