Interactive Brokers reports June DARTs up 40% y/y

Interactive Brokers (IBKR) Group reported its Electronic Brokerage monthly performance metrics for June. Brokerage highlights for the month included: 3.448 million Daily Average Revenue Trades, 40% higher than prior year and 2% higher than prior month. Ending client equity of $664.6B, 34% higher than prior year and 6% higher than prior month. Ending client margin loan balances of $65.1B, 18% higher than prior year and 6% higher than prior month. Ending client credit balances of $143.7B, including $5.8B in insured bank deposit sweeps, 34% higher than prior year and 7% higher than prior month. 3.866 million client accounts, 32% higher than prior year and 2% higher than prior month. 195 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $2.54 including exchange, clearing and regulatory fees.