Interactive Brokers Reports 7% Increases in DARTs for October 2024

Interactive Brokers, an automated global electronic broker, has released its financial results for October, showcasing growth across its Electronic Brokerage monthly performance metrics. The company reported Daily Average Revenue Trades (DARTs) of 2.823 million for the month, reflecting a significant 46% year-over-year increase and a 7% rise compared to the previous month.

Other brokerage highlights for the month included: 

• Ending client equity amounted to $540.0 billion, 47% higher than the prior year and about even with the prior month. 
• Ending client margin loan balances were $58.9 billion, up 40% from the prior year, and 6% from the prior month.
• Ending client credit balances were $117.6 billion, including $4.6 billion in insured bank deposit sweeps, 2% higher than the prior year and 1% higher than the prior month. 
• Client accounts reached 3.19 million, 28% higher than the prior year and 2% higher than the prior month. 
• Annualized average cleared DARTs per client account were 200. 
• Average commission per cleared Commissionable Order was $2.86, including exchange, clearing, and regulatory fees.