Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for April 2020, includes Reg.-NMS Execution Statistics GREENWICH, CT, May 1, 2020 — Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for April. Brokerage highlights for the month included: • 1,720 thousand Daily Average Revenue Trades (DARTs)1, 121% higher than prior year and 12% lower than prior month. • Ending client equity of $179.8 billion, 19% higher than prior year and 12% higher than prior month. • Ending client margin loan balances of $20.6 billion, 23% lower than prior year and 4% higher than prior month. • Ending client credit balances of $69.3 billion, including $3.0 billion in insured bank deposit sweeps2, 30% higher than prior year and 7% higher than prior month. • 806 thousand client accounts, 28% higher than prior year and 6% higher than prior month. • 498 annualized average cleared DARTs1 per client account. • Average commission per cleared Commissionable Order3 of $2.77 including exchange, clearing and regulatory fees. Key products: Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 59% of the futures commissions. Other financial information for Interactive Brokers Group: • GLOBAL4: The value of the GLOBAL, reported in U.S. dollars, increased by 0.06% in April. Year to date, the value of the GLOBAL decreased 0.91%. In the interest of transparency, we quantify our IBKR PRO clients’ all-in cost of trade execution below. • In April, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 0.2 basis points of trade money5, as measured against a daily VWAP6 benchmark (1.4 basis points net cost for
IB's client equity of $179.8 billion is mainly in equities and has almost nothing to do with a handful of clients that lost $88 million in oil. Client equity of $179.8 billion versus client equity of $179.9 billion, who cares (other than the losers)?
Let's examine these. 6% client growth - 12% assets and the market was up(depending on which benchmark) about 12%. So no real asset growth with a 6% client growth.
I hope IB fixes the Time & Sales problem, only the last print is displayed. Spoke to their tech support several times about this - they have a server problem they are trying to fix. I had just moved a nice sized IRA from Fidelity over to IB, ironically I am using the reliable Fidelity/ATP Time & Sales as a work-around along with several other brokers platforms. Yea, I know - no broker is 100% problem free - however , of the other brokers I use none have had a multi-day outage with Time & Sales printing only the last price. This is a major concern.