Interactive Brokers has published its monthly financial metrics for January 2022, reporting recovery but a fall in demand on yearly basis.
The US trading platform registered Daily Average Revenue Trades (DARTs) for the month of 2.621 million. This represented an 18% increase from the previous month, however, the numbers were 20% lower than January 2021.
Client equity stood at $352.5 billion, registering a 12% increase compared to the previous year, but 6% fall compared to the previous month.
The client margin loan balance rose 23% compared to the previous year to $50.1 billion. However it was still 8% down compared to the December. The month with $89.3 billion in client credit balances, 8% higher than 2020 and 3% more than the previous month.
Clients accounts on the platform came in at 1.73 million, a 3% rise on monthly basis and 45% on yearly.
The average commission per commissionable cleared order on the platform stood at $2.47, including exchange, clearing and regulatory fees.
In December the company launched a mobile trading application IMPACT.
