As market participation remains elevated, Interactive
Brokers posted another strong performance in June, with client trading volume,
equity, and account growth all moving sharply higher.
The platform posted 3.448 million daily average
revenue trades (DARTs) in June, up 40% compared to the same month in 2024 and
2% higher than May. Since January, Interactive Brokers has recorded year-over-year growth in the daily average revenue trades.
|
Month |
January |
February |
March |
April |
May |
June |
|
YoY growth in IB’s DARTs |
58% |
48% |
44% |
63% |
43% |
40% |
Trading Volume Climbs 40% from Last Year
Notably, the firm’s client base also continued to
expand. The number of active accounts rose to 3.866 million, a 32% increase year over year and 2% above the prior month. On an annualized basis, the average client generated 195 cleared DARTs.
Client Equity, Margin, and Credit Balances See
Double-Digit Growth. Total client equity at the end of June stood at $664.6
billion, a 34% jump over the past year.
Client margin loan balances reached $65.1 billion,
rising 18% year-over-year, while client credit balances climbed to $143.7
billion, including $5.8 billion in insured bank deposit sweeps.
You may also like: Interactive Brokers Expands Election Forecast Trading and Boosts Cash Protection for Clients
These increases reflect a broader trend of clients
deploying more capital while maintaining ample liquidity . Both margin and
credit balances rose 6% and 7%, respectively, from May levels.
Cost Metrics and Trade Execution Transparency
In June, the average commission per cleared commissionable order was $2.54, inclusive of exchange, clearing, and regulatory fees. By asset class, stock trades averaged 941 shares at
$1.86 per order, equity options averaged 6.1 contracts at $3.59, and futures
averaged 2.9 contracts at $4.04.
The company also disclosed execution cost data for its
IBKR PRO clients. For U.S. Reg NMS stock trades, the average order size was
$20,123, and the total execution and clearing cost came to 2.6 basis points of
trade value in June. Over the past 12 months, the average cost was 3.6 basis
points versus VWAP benchmarks.
Interactive Brokers posted a small mark-to-market gain
of $324,000 on its U.S. government securities portfolio in the second quarter.
The firm’s proprietary GLOBAL investment portfolio, denominated in U.S.
dollars, gained 0.61% in June and is up 2.38% year-to-date.
Meanwhile, the US-based arm of Interactive Brokers launched expanded access to election forecast trading and enhanced protection for uninvested cash
balances in brokerage accounts. The broker’s ForecastTrader platform now
enables US clients to take positions on more than 100 primary election races
across 22 states.
As market participation remains elevated, Interactive
Brokers posted another strong performance in June, with client trading volume,
equity, and account growth all moving sharply higher.
The platform posted 3.448 million daily average
revenue trades (DARTs) in June, up 40% compared to the same month in 2024 and
2% higher than May. Since January, Interactive Brokers has recorded year-over-year growth in the daily average revenue trades.
|
Month |
January |
February |
March |
April |
May |
June |
|
YoY growth in IB’s DARTs |
58% |
48% |
44% |
63% |
43% |
40% |
Trading Volume Climbs 40% from Last Year
Notably, the firm’s client base also continued to
expand. The number of active accounts rose to 3.866 million, a 32% increase year over year and 2% above the prior month. On an annualized basis, the average client generated 195 cleared DARTs.
Client Equity, Margin, and Credit Balances See
Double-Digit Growth. Total client equity at the end of June stood at $664.6
billion, a 34% jump over the past year.
Client margin loan balances reached $65.1 billion,
rising 18% year-over-year, while client credit balances climbed to $143.7
billion, including $5.8 billion in insured bank deposit sweeps.
You may also like: Interactive Brokers Expands Election Forecast Trading and Boosts Cash Protection for Clients
These increases reflect a broader trend of clients
deploying more capital while maintaining ample liquidity . Both margin and
credit balances rose 6% and 7%, respectively, from May levels.
Cost Metrics and Trade Execution Transparency
In June, the average commission per cleared commissionable order was $2.54, inclusive of exchange, clearing, and regulatory fees. By asset class, stock trades averaged 941 shares at
$1.86 per order, equity options averaged 6.1 contracts at $3.59, and futures
averaged 2.9 contracts at $4.04.
The company also disclosed execution cost data for its
IBKR PRO clients. For U.S. Reg NMS stock trades, the average order size was
$20,123, and the total execution and clearing cost came to 2.6 basis points of
trade value in June. Over the past 12 months, the average cost was 3.6 basis
points versus VWAP benchmarks.
Interactive Brokers posted a small mark-to-market gain
of $324,000 on its U.S. government securities portfolio in the second quarter.
The firm’s proprietary GLOBAL investment portfolio, denominated in U.S.
dollars, gained 0.61% in June and is up 2.38% year-to-date.
Meanwhile, the US-based arm of Interactive Brokers launched expanded access to election forecast trading and enhanced protection for uninvested cash
balances in brokerage accounts. The broker’s ForecastTrader platform now
enables US clients to take positions on more than 100 primary election races
across 22 states.
This post is originally published on FINANCEMAGNATES.
