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Screenshot of a breaking news alert e-mail from Q2 2017
Year-on-year growth still quite strong with daily average revenue trades rising by 19%
One of the leading electronic brokerages in the US, Interactive Brokers, has reported its monthly volume metrics for February. The theme appears to be flat over last month’s figures with the Daily Average Revenue Trades (DARTs) consolidating around 581,000, which is higher by 19% over last year, and roughly unchanged from January’s 583,000. The average commission per cleared customer amounted to $4.10 including exchange, clearing and regulatory fees.
If we break these revenue figures down by asset, we are totaling to $2.40 per customer for stocks, $5.99 for options on equities and $6.41 for futures trades. The firm executes and processes trades in securities, futures and foreign exchange instruments on more than 100 electronic exchanges and trading venues around the world.
The number of accounts has been growing quite steadily over the past year as the company currently sports 247,000 customer accounts and is by far the best capitalized US brokerage. The number is higher by 15% higher from last year’s figures and 2% higher than January. The equity of customers in their trading accounts has grown by 40% over last year to $48.6 billion, while the customer margin loan balances are higher by 28% totaling $14.3 billion.
For the full press release visit Interactive Brokers’ website.
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