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Screenshot of a breaking news alert e-mail from Q2 2017
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, has reported its Electronic Brokerage monthly performance metrics for December.
Highlights for the month included:
590,000 Daily Average Revenue Trades (DARTs), 23% higher than prior year and 2% higher than the prior month.
Ending customer equity of $56.7 billion, 24% higher than prior year and 1% lower than prior month.
Ending customer margin loan balances of $16.9 billion, 25% higher than prior year and 10% lower than prior month.
Ending customer credit balances of $31.5 billion, 22% higher than prior year and 2% lower than prior month.
281,000 customer accounts, 17% higher than prior year and 1% higher than prior month.
480 annualized average cleared DARTs per customer account.
Remarkably, despite the month of December often representing lower trading volumes toward the latter part of the month, Interactive Brokers managed to regain some of the lost ground experienced in November this year, in which daily average revenue trades reduced by 15% to 576,000 compared with October’s high points.
Whilst the figure is similar, a 2% increase in daily average revenue trades during a month which often hosts a natural slowdown and many holidays is indication that November’s dip may be short lived.
As an additional point of interest, the company arrived at the end of December with a marginally higher number of customer accounts than the previous month, despite customer equity being slightly lower, pointing toward continued trader activity and interest from new customers.
In order to view the official announcement from Interactive Brokers, click here.