IB is still growing
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for May 2020, includes Reg.-NMS Execution Statistics
GREENWICH, CT, June 1, 2020 — Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for May.
Brokerage highlights for the month included:
• 1,645 thousand Daily Average Revenue Trades (DARTs)1, 84% higher than prior year and 4% lower than prior month.
• Ending client equity of $190.6 billion, 32% higher than prior year and 6% higher than prior month.
• Ending client margin loan balances of $23.3 billion, 10% lower than prior year and 13% higher than prior
month.
• Ending client credit balances of $70.0 billion, including $3.0 billion in insured bank deposit sweeps2, 32%
higher than prior year and 1% higher than prior month.
• 839 thousand client accounts, 31% higher than prior year and 4% higher than prior month.
• 448 annualized average cleared DARTs1 per client account.
• Average commission per cleared Commissionable Order3 of $2.83 including exchange, clearing and regulatory
fees. Key products:
Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 57% of the futures commissions.
Other financial information for Interactive Brokers Group:
• GLOBAL4: The value of the GLOBAL, reported in U.S. dollars, increased by 0.22% in May. Year to date, the value of the GLOBAL decreased 0.69%.
In the interest of transparency, we quantify our IBKR PRO clients’ all-in cost of trade execution below.
May 2020
Stocks
Equity Options Futures
Average Commission per Cleared Commissionable Order
$1.98 $4.42 $4.08
Average Order Size 1,023 shares 7.2 contracts 2.8 contracts
• In May, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.1 56
basis points of trade money , as measured against a daily VWAP benchmark (1.4 basis points net cost for the
