tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Interactive Brokers reports 3.488M daily average revenue trades for August

Interactive Brokers (IBKR) reported its electronic brokerage monthly performance metrics for August, including: 3.488M daily average revenue trades, 29% higher than prior year and about even with prior month; Ending client equity of $713.2B, 38% higher than prior year and 4% higher than prior month; Ending client margin loan balances of $71.8 billion, 31% higher than prior year and 6% higher than prior month; Ending client credit balances of $146.4B, including $6.0B in insured bank deposit sweeps, 31% higher than prior year and 1% higher than prior month; 4.054 million client accounts, 32% higher than prior year and 2% higher than prior month; and 187 annualized average cleared DARTs per client account.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1