Interactive Brokers Reports 19% M/M drop in DARTs in March

Interactive Brokers, one of the biggest US-based discount brokers, has published its trading metrics and other financial information for the month of March, showing a 19% MoM decrease in Daily Average Revenue Trades (DARTs).

​More specifically, the broker's DARTs reached 2,998 thousand in March, 53% higher than prior year and 19% lower than prior month.

The broker saw $330.6 billion ending client equity and $42.2 billion ending client margin loan balances, 106% and 113% higher than prior year respectively.

Furthermore, the company's client accounts totaled 1,325 thousand, 74% higher than prior year and 5% higher than prior month.

In March, average commission per cleared Commissionable Order hit $2.22, including exchange, clearing and regulatory fees.

Before this announcement, Interactive Brokers announced new enhancement to its Trader Workstation (TWS) platform​, offering more flexibility in terms of the setting relating to the Order Ticket.