Interactive Brokers sees slowdown in trading in Dec’15, DARTS fall 2% MoM

Interactive Brokers Group, Inc. (NASDAQ:IBKR), a major provider of online trading services in the United States, has just published its electronic brokerage metrics for December 2015.

Continuing a trend already observed in the fall of last year, the broker saw daily average revenue trades (DARTS) decline by further 2% from levels seen in November 2015, a month that was rather slow. On the brighter side, the number of client accounts edged up in both annual and monthly terms.

Below are the highlights for December 2015:

  • Daily average revenue trades (DARTs) amounted to 628,000, 6% higher than prior year and 2% lower than prior month.
  • Ending client equity amounted to $67.4 billion, 19% higher than in December 2014 and flat to prior month.
  • Ending client margin loan balances of $17.0 billion, 1% higher than prior year and 3% higher than prior month.
  • Ending client credit balances of $36.7 billion, 17% higher than prior year and 1% lower than prior month.
  • Client accounts amounted to 331,000, 18% higher than prior year and 1% higher than prior month.
  • 436 annualized average cleared DARTs per client account.
  • Average commission per cleared client order of $3.88 including exchange, clearing and regulatory fees.

ibkr_inside-Dec15

You can view the full announcement from Interactive Brokers by clicking here.

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