Interactive Brokers Reports 26% YoY Growth in DARTs for June 2024

On July 1, 2024, Interactive Brokers, an automated global electronic broker, unveiled its Electronic Brokerage monthly performance metrics for June, reporting Daily Average Revenue Trades (DARTs) of 2.469 million, 26% higher than the prior year and 5% higher than the prior month’s 2.36 million.

Interactive Brokers’ Ending client equity for June amounted to $497.2 billion, a significant increase of 36% on a year-over-year (YoY) basis and a slight increase of 2% on a month-over-month (MoM) basis.

Ending client margin loan balances were $55.1 billion, increasing by 32% YoY and 4% MoM. Ending client credit balances were $107.1 billion, including $4.1 billion in insured bank deposit sweeps, 8% higher than the prior year and almost unchanged from May. 

In June, Interactive Brokers’ client accounts reached 2.92 million client accounts, a 28% YoY increase and a 2% MoM increase. The company reported 190 annualized average cleared DARTs per client account. 

Including exchange, clearing, and regulatory fees, the average commission per cleared Commission Order was $2.99.