Interactive Brokers Reports 31% YoY Jump in DARTs in October 2021

​Interactive Brokers, one of the biggest US-based brokerage firm, recently posted its trading volumes for the month of October, indicating a jump in DARTs on a YoY basis.

​More specifically, the broker registered a DARTs of 2.305 million, 2% higher than the previous month and 31% higher than the previous year. In October, Interactive Brokers’s ending client equity reached $380.9 billion, which is 64% higher than prior year and 8% higher than prior month. Moreover, the broker’s ending client margin loan balances hit $53.7 billion, 69% higher than previous year and 7% higher than last month. 

In terms of client accounts, the US brokerage reported that the total number of traders on the platform was 1.58 million, up 57% than the same period last year and increased by 3% from September 2021. Average commission per cleared Commissionable Order of $2.48 including exchange, clearing and regulatory fees.

​Recently, Interactive Brokers has added new functionalities to its Client Portal​, which allows traders to monitor prices and place trades, check account balances, profit and loss statements, and key performance metrics, as well as funding and reporting.