Interactive Brokers Achieves Growth in Multiple Metrics for February 2024

Interactive Brokers, a US-based automated global electronic broker, published its Electronic Brokerage monthly performance metrics for February 2024, demonstrating significant growth in various metrics.

Trading Overview for February 2024:

• Daily Average Revenue Trades (DARTs) reached 2.443 million for the month, 15% higher than 2.121 million in February 2023 and 11% higher than 2.201 million in January this year.

• Ending client equity registered $448.2 billion, increasing 35% compared to $331.6 billion in the year-ago month and increasing 6% compared to $424.0 billion in the prior month.

• Ending client margin loan balances rose by 21% from $39.1 billion to $47.4 billion on a year-on-year basis (YoY), and up 7% compared to $44.3 billion in January 2024.

• Ending client credit balances came in at $102.9 billion (including $3.9 billion in insured bank deposit sweeps), rising 5% YoY compared to $97.9 billion in February of last year and basically even with $102.5 billion in the previous month.

• Number of client accounts totaled 2.69 million for the period, an increase of 24% compared to 2.16 million in the same period of last year and an increase of 2% compared to 2.63 million in this January.

• Average commission per cleared Commissionable Order was $2.85, including exchange, clearing and regulatory fees. While the figure was $3.03 for the prior month and $3.12 for the year-ago month.