Interactive Brokers Posts Sixth Consecutive Month of Growth in Daily Average Revenue Trades ⋅ Crypto World Echo
As market participation remains elevated, InteractiveBrokers 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 averagerevenue trades (DARTs) in June, up 40% compared to the same month in 2024 and2% higher than May. Since January, Interactive Brokers has recorded year-over-year growth in the daily average revenue trades.
Trading Volume Climbs 40% from Last Year
Notably, the firm’s client base also continued toexpand. 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 SeeDouble-Digit Growth. Total client equity at the end of June stood at $664.6billion, 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 $143.7billion, including $5.8 billion in insured bank deposit sweeps.
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These increases reflect a broader trend of clientsdeploying more capital while maintaining ample liquidity. Both margin andcredit 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 futuresaveraged 2.9 contracts at $4.04.
The company also disclosed execution cost data for itsIBKR 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 oftrade value in June. Over the past 12 months, the average cost was 3.6 basispoints versus VWAP benchmarks.
Interactive Brokers posted a small mark-to-market gainof $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 cashbalances in brokerage accounts. The broker’s ForecastTrader platform nowenables US clients to take positions on more than 100 primary election racesacross 22 states.
This article was written by Jared Kirui at www.financemagnates.com.
