Interactive Brokers Reports 32% M/M Decrease in DARTs in February 2022

Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for February.

Brokerage highlights for the month included:

• 2.499 million Daily Average Revenue Trades (DARTs), 32% lower than prior year and 5% lower than prior month.

• Ending client equity of $348.5 billion, 6% higher than prior year and 1% lower than prior month.

• Ending client margin loan balances of $49.2 billion, 17% higher than prior year and 2% lower than prior month.

• Ending client credit balances of $89.2 billion, including $2.2 billion in insured bank deposit sweeps, 5% higher than prior year and about even with prior month.

• 1.76 million client accounts, 39% higher than prior year and 2% higher than prior month.

• 319 annualized average cleared DARTs per client account.

• Average commission per cleared Commissionable Order of $2.51 including exchange, clearing and regulatory fees. 

The broker further unveiled that in February, IBKR PRO clients' total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.4 basis points of trade money, as measured against a daily VWAP6 benchmark (3.7 basis points net cost for the rolling twelve months).