Interactive Brokers registers 13% Y/Y rise in DARTs in December 2023

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Interactive Brokers registers 13% Y/Y rise in DARTs in December 2023

Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just published its key operating metrics for December 2023. T

Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just published its key operating metrics for December 2023.

The brokerage registered 1.972 million Daily Average Revenue Trades (DARTs) in December 2023, 13% higher than prior year and 4% higher than prior month.

Ending client equity was $426.0 billion, 39% higher than prior year and 5% higher than prior month.

Ending client credit balances amounted to $104.5 billion, including $3.7 billion in insured bank deposit sweeps, 10% higher than prior year and 3% higher than prior month.

Interactive Brokers registered 2.56 million client accounts, 23% higher than in December 2022 and 2% higher than in November 2023.

The Average commission per cleared Commissionable Order was $3.17 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.


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