Interactive Brokers (IBKR) reported its Electronic Brokerage monthly performance metrics for November, with highlights for the month that included: 3.306M Daily Average Revenue Trades, 74% higher than prior year and 17% higher than prior month; Ending client equity of $575.9B, 42% higher than prior year and 7% higher than prior month; Ending client margin loan balances of $60.2B, 43% higher than prior year and 2% higher than prior month; Ending client credit balances of $118.8B, including $4.7B in insured bank deposit sweeps, 17% higher than prior year and 1% higher than prior month; 3.253M client accounts, 29% higher than prior year and 2% higher than prior month; 227 annualized average cleared DARTs per client account; Average commission per cleared Commissionable Order of $2.70 including exchange, clearing and regulatory fees.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on IBKR:
- SEC Approves 24X National Exchange for 24-Hour Trading
- Interactive Brokers reports October DARTs 46% higher than prior year
- Interactive Brokers opens new office in Dubai International Financial Center
- Interactive Brokers price target lowered to $165 from $166 at Barclays
- Closing Bell Movers: J.B. Hunt up 7% after Q3 earnings beat
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
