Interactive Brokers reports December DARTs up 4% y/y

Interactive Brokers (IBKR) Group reported its Electronic Brokerage monthly performance metrics for December. Brokerage highlights for the month included: 3.384 million Daily Average Revenue Trades, 4% higher than prior year and 21% lower than prior month. Ending client equity of $779.9B, 37% higher than prior year and 1% higher than prior month. Ending client margin loan balances of $90.2B, 40% higher than prior year and 8% higher than prior month. Ending client credit balances of $160.1B, including $6.4B in insured bank deposit sweeps, 34% higher than prior year and 4% higher than prior month. 4.399 million client accounts, 32% higher than prior year and 2% higher than prior month. 166 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $2.57 including exchange, clearing and regulatory fees.