Interactive Brokers Sees Significant Increase in Daily Average Revenue Trades in December

Interactive Brokers Group, Inc. (Nasdaq: IBKR), one of the biggest US-based discount brokers, has published its brokerage metrics and other financial information for December 2020, showing that its Electronic Brokerage activity significantly increases.

Specifically, the broker's Daily Average Revenue Trades (DARTs) reach 2,301 thousand in December, 198% higher than prior year and about even with prior month.

The broker saw $288.6 billion ending client equity and $39.0 billion ending client margin loan balances, 66% and 26% higher than prior year respectively.

Furthermore, as a result of the coronavirus pandemic, the company's client accounts totaled 1,073 thousand, 56% higher than prior year and 3% higher than prior month.

In December, IBKR's Average commission per cleared Commissionable Order hit $2.42, including exchange, clearing and regulatory fees.

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 135 markets in numerous countries and currencies, from a single IBKR Integrated Investment Account to clients worldwide.

Previously, the US-listed brokerage reported net revenues of $548 million and income before income taxes of $334 million for the third quarter of 2020.