Interactive Brokers sees decline in trading activity in May, DARTs down 2% M/M

Interactive Brokers Group, Inc. (NASDAQ:IBKR), one of the majors on the retail Forex scene in the US, has just posted its operating metrics for May 2015, with the picture showing a decline in trading activity, as the number of average trades per day dropped against April 2015 levels. The numbers highlighted a trend that we seem to be seeing at other FX companies – May 2015 was a slow month for the Forex industry.

Let’s check out the numbers:

  • Daily Average Revenue Trades (DARTs) amounted to 617,000 in May 2015, 19% higher than prior year and 2% lower than prior month.
  • Ending client equity of $66.7 billion, 31% higher than prior year and 2% higher than prior month.
  • Ending client margin loan balances of $19.3 billion, 30% higher than prior year and 3% higher than prior month.
  • Ending client credit balances of $33.8 billion, 22% higher than prior year and 1% higher than prior month.
  • Client accounts totaled 306,000, 18% higher than prior year and 1% higher than prior month.
  • 468 annualized average cleared DARTs per client account.
  • Average commission per cleared client order of $4.27 including exchange, clearing and regulatory fees.

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(Click on photo to enlarge).

To view additional data on Interactive Brokers’ May performance, click here.

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