Interactive Brokers Records 2.201M DARTs in January, up 12% MoM

Interactive Brokers, a US-based automated global electronic broker, has released its trading update for January 2024, indicating an overall growth across key metrics.

The company booked 2.201 million Daily Average Revenue Trades (DARTs) for the month, an increase of 11% on a yearly basis and 12% month-on-month. Client equity surged 26% over the year ago month to $424.0 billion, while remaining flat compared with the prior month.

Client margin loan balances at the end of January came in at $44.3 billion, 12% higher over the last same period and and about even with prior month. Client credit balances grew 3% on a yearly basis to $102.5 billion, but down 2% from the previous month.

Client accounts at the month end totaled 2.63 million, raising 23% from the prior year and 2% from the previous month. Average commission per cleared Commissionable Order was $3.03, including exchange, clearing and regulatory fees. 

For the full year of 2023, the broker generated net revenue of $4,340 million​, 41.5% higher than $3,067 million in 2022.