Interactive Brokers Posts 21% DARTs Growth, Client Equity Hits $820B
Interactive Brokers reported 4.366 million DARTs in February, up 21% year on year, with $820.0 billion in client equity (+40% YoY) and $90.0 billion in margin loans (+42% YoY). Client accounts rose 31% YoY to 4.646 million while average commission per cleared order was $2.61.
1. February Brokerage Metrics
Interactive Brokers generated 4.366 million daily average revenue trades in February, 21% above last year and 1% below January.
2. Client Balances Surge
Client equity ended at $820.0 billion (+40% YoY, +1% MoM) with margin loans at $90.0 billion (+42% YoY, -1% MoM) and credit balances at $162.0 billion (+31% YoY, flat month on month).
3. Account and Commission Trends
Total client accounts reached 4.646 million (+31% YoY, +2% MoM) while average commission per cleared order was $2.61, with stocks at $1.95, equity options $3.77 and futures $4.04.
4. Execution Cost Analysis
IBKR PRO clients’ all-in cost for U.S. Reg-NMS stock trades was 1.3 basis points in February, compared with a 2.4-basis-point rolling twelve-month average.