Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has announced results for the quarter ended September 30, 2023.

Reported diluted earnings per share were $1.56 for the third quarter of 2023 and $1.55 as adjusted. For the year-ago quarter, reported diluted earnings per share were $0.97 and $1.08 as adjusted.

Reported 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.

Reported income before income taxes was $840 million for the third quarter of 2023 and $834 million as adjusted. For the year-ago quarter, reported income before income taxes was $523 million and $580 million as adjusted.

Commission revenue increased 4% to $333 million. Customer trading volume was mixed across product types with options contracts volume up 18% while futures contracts and stock share volumes were down 1% and 22%, respectively.

Net interest income increased 55% to $733 million on higher benchmark interest rates and customer credit balances.

Other income increased $75 million to a gain of $27 million. This increase was mainly comprised of $37 million related to Interactive Brokers’ investment in Tiger Brokers and $23 million related to Interactive Brokers’ currency diversification strategy.

Execution, clearing and distribution fees expenses increased 14% to $98 million, driven by higher customer trading volume in options.

Pretax profit margin for the current quarter was 73% as reported and as adjusted. For the year-ago quarter, reported pretax margin was 66% and 68% as adjusted.

The Interactive Brokers Group, Inc. Board of Directors declared a quarterly cash dividend of $0.10 per share. This dividend is payable on December 14, 2023, to shareholders of record as of December 1, 2023.