Interactive Brokers sees trading activity lose pace in November, DARTS fall 2% MoM

Major US online trading services provider Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its electronic brokerage metrics for November 2015, with the numbers pointing to a continued slowdown in trading activity.

Daily average revenue trades (DARTs) staged a drop from October 2015, a month which was slow itself. On the brighter side, client equity and client accounts staged rises.

Below are the highlights for November 2015:

  • Daily average revenue trades (DARTs) amounted to 640,000, 11% higher than prior year and 2% lower than prior month.
  • Ending client equity of $67.3 billion, 17% higher than prior year and 1% higher than prior month.
  • Ending client margin loan balances of $16.5 billion, 12% lower than prior year and 6% higher than prior month.
  • Ending client credit balances of $37.1 billion, 15% higher than prior year and 3% higher than prior month.
  • The number of client accounts reached 329,000, 18% higher than prior year and 1% higher than prior month.
  • 444 annualized average cleared DARTs per client account.
  • Average commission per cleared client order was $3.86 including exchange, clearing and regulatory fees.

ibkr_inside_nov2015

To view the official announcement from Interactive Brokers, click here.

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