Interactive Brokers registers slight drop in DARTs in November 2023
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just published its key operating metrics for November 2023.
Daily Average Revenue Trades (DARTs) amounted to 1.898 million in November 2023, 3% lower than in November 2022 and 2% lower than in October 2023.
Ending client equity was $404.3 billion, 27% higher than prior year and 10% higher than prior month.
Ending client margin loan balances amounted to $42.2 billion, 8% higher than prior year and about even with prior month.
The company registered 2.52 million client accounts, 22% higher than prior year and 2% higher than prior month.
The average commission per cleared Commissionable Order was $3.21 including exchange, clearing and regulatory fees.
Interactive Brokers has recently reported its financial results for the third quarter of 2023.
Diluted earnings per share were $1.56 for the quarter to end-September 2023. For the year-ago quarter, reported diluted earnings per share were $0.97 and $1.08 as adjusted.
Net revenues were $1,145 million for the third quarter of 2023 and $1,139 million as adjusted. For the year-ago quarter, reported net revenues were $790 million and $847 million as adjusted.
Income before income taxes was $840 million for the third quarter of 2023 and $834 million as adjusted. For the year-ago quarter, income before income taxes was $523 million and $580 million as adjusted.