Latest news with #Reg-NMS
Yahoo
4 days ago
- Business
- Yahoo
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for May 2025, includes Reg.-NMS Execution Statistics
GREENWICH, Conn., June 02, 2025--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for May. Brokerage highlights for the month included: 3.384 million Daily Average Revenue Trades (DARTs)1, 43% higher than prior year and 11% lower than prior month. Ending client equity of $628.2 billion, 29% higher than prior year and 7% higher than prior month. Ending client margin loan balances of $61.2 billion, 15% higher than prior year and 5% higher than prior month. Ending client credit balances of $134.7 billion, including $5.4 billion in insured bank deposit sweeps2, 26% higher than prior year and 1% higher than prior month. 3.79 million client accounts, 32% higher than prior year and 2% higher than prior month. 196 annualized average cleared DARTs1 per client account. Average commission per cleared Commissionable Order3 of $2.61 including exchange, clearing and regulatory fees. Key products: May 2025 Average Average Commission per Order Size Cleared Commissionable Order Stocks 808 shares $1.94 Equity Options 6.3 contracts $3.61 Futures 3.1 contracts $3.87 Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 58% of the futures commissions. Other financial information for Interactive Brokers Group: GLOBAL4: The value of the GLOBAL, reported in U.S. dollars, increased by 0.04% in May and increased by 1.758% for the year to date. In the interest of transparency, we quantify our IBKR PRO clients' all-in cost of trade execution below. For the full multimedia release with graph see link: Average U.S. Reg-NMS stock trade was $20,437 in May (dividing 2c by 1a in table below). In May, IBKR PRO clients' total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.1 basis points of trade money5, as, measured against a daily VWAP6 benchmark (3.8 basis points net cost for the rolling twelve months). IBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail All amounts are in millions, except % Previous Jun '24 Jul '24 Aug '24 Sep '24 Oct '24 Nov '24 Dec '24 Jan '25 Feb '25 Mar '25 Apr '25 May '25 12 Months #1a - Number of orders Buys 8.07 10.09 9.84 8.38 10.93 11.40 13.32 12.74 12.40 12.19 13.79 12.15 135.30 Sells 5.83 7.55 7.53 6.54 8.33 8.62 9.66 8.97 9.08 8.71 10.16 9.49 100.47 Total 13.90 17.64 17.37 14.92 19.26 20.02 22.98 21.71 21.48 20.90 23.95 21.65 235.77 #1b - Number of shares purchased or sold Shares bought 3,305 3,855 4,154 3,614 4,645 4,744 5,517 5,223 4,946 5,047 6,008 5,659 56,716 Shares sold 3,100 3,767 3,960 3,436 4,390 4,497 5,232 4,868 4,738 4,804 5,850 5,212 53,853 Total 6,405 7,622 8,114 7,050 9,035 9,241 10,749 10,090 9,683 9,851 11,858 10,871 110,569 #2 - Trade money including price, commissions and fees 2a Buy money $151,903 $189,920 $182,908 $155,758 $190,627 $204,300 $214,806 $208,418 $200,026 $216,767 $254,062 $222,977 $2,392,472 2b Sell money $147,514 $191,745 $186,274 $154,825 $188,444 $201,932 $215,520 $203,359 $204,689 $218,670 $259,783 $219,486 $2,392,241 2c Total $299,417 $381,664 $369,182 $310,583 $379,071 $406,232 $430,326 $411,778 $404,715 $435,437 $513,845 $442,463 $4,784,713 #3 - Trade value at Daily VWAP 3a Buy value $151,684 $189,851 $182,849 $155,692 $190,537 $204,249 $214,660 $208,258 $199,957 $216,676 $254,052 $223,005 $2,391,469 3b Sell value $147,417 $191,812 $186,440 $154,890 $188,493 $201,995 $215,621 $203,305 $204,744 $218,725 $259,985 $219,608 $2,393,037 3c Total $299,101 $381,663 $369,289 $310,582 $379,030 $406,243 $430,281 $411,563 $404,702 $435,401 $514,038 $442,613 $4,784,506 #4 - Total trade expense, including commissions and fees, relative to Daily VWAP 4a Buys (2a-3a) $219.1 $68.8 $58.6 $66.6 $90.7 $51.4 $145.7 $160.6 $68.5 $90.6 $9.6 ($28.0) $1,002.2 4b Sells (3b-2b) ($97.1) $67.5 $166.0 $65.7 $49.6 $62.3 $100.9 ($54.3) $55.2 $55.2 $202.8 $122.0 $795.8 4c Total trade expense $122.0 $136.3 $224.6 $132.3 $140.3 $113.8 $246.6 $106.4 $123.7 $145.8 $212.4 $94.0 $1,798.0 Trade expense as percentage of trade money 4c/2c 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.033% 0.041% 0.021% 0.038% #5 - Trade expense categories 5a Total commissions & fees $30.4 $37.1 $38.1 $33.2 $41.9 $43.5 $47.4 $46.2 $45.5 $45.7 $52.7 $44.5 $506.2 5b Execution cost (4c-5a) $91.6 $99.2 $186.5 $99.1 $98.4 $70.3 $199.2 $60.2 $78.2 $100.0 $159.7 $49.5 $1,291.9 #6 - Trade expense categories as percentage of trade money Total commissions & fees (5a/2c) 0.010% 0.010% 0.010% 0.011% 0.011% 0.011% 0.011% 0.011% 0.011% 0.010% 0.010% 0.010% 0.011% Execution cost (5b/2c) 0.031% 0.026% 0.051% 0.032% 0.026% 0.017% 0.046% 0.015% 0.020% 0.023% 0.031% 0.011% 0.027% Net Expense to IB Clients 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.033% 0.041% 0.021% 0.038% The above illustrates that the rolling twelve months' average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 3.8 basis points. ____________________________ Note 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period. Note 2: FDIC insured client bank deposit sweep program balances with participating banks. These deposits are not reported in the Company's statement of financial condition. Note 3: Commissionable Order – a customer order that generates commissions. Note 4: In connection with our currency diversification strategy, we have determined to base our net worth in GLOBALs, a basket of 10 major currencies in which we hold our equity. The total effect of the currency diversification strategy is reported in Comprehensive Income and the components are reported in (1) Other Income and (2) Other Comprehensive Income ("OCI") on the balance sheet. The effect of the GLOBAL on our comprehensive income can be estimated by multiplying the total equity for the period by the change in the U.S. dollar value of the GLOBAL during the same period. Note 5: Trade money is the total amount of money clients spent or received, including all commissions and fees. Note 6: Consistent with the clients' trading activity, the computed VWAP benchmark includes extended trading hours. ____________________________ More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company's corporate web site, About Interactive Brokers Group, Inc.: Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies, from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, and many others. Cautionary Note Regarding Forward-Looking Statements: The foregoing information contains certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission. View source version on Contacts Contacts for Interactive Brokers Group, Inc.: media@
Yahoo
4 days ago
- Business
- Yahoo
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for May 2025, includes Reg.-NMS Execution Statistics
GREENWICH, Conn., June 02, 2025--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for May. Brokerage highlights for the month included: 3.384 million Daily Average Revenue Trades (DARTs)1, 43% higher than prior year and 11% lower than prior month. Ending client equity of $628.2 billion, 29% higher than prior year and 7% higher than prior month. Ending client margin loan balances of $61.2 billion, 15% higher than prior year and 5% higher than prior month. Ending client credit balances of $134.7 billion, including $5.4 billion in insured bank deposit sweeps2, 26% higher than prior year and 1% higher than prior month. 3.79 million client accounts, 32% higher than prior year and 2% higher than prior month. 196 annualized average cleared DARTs1 per client account. Average commission per cleared Commissionable Order3 of $2.61 including exchange, clearing and regulatory fees. Key products: May 2025 Average Average Commission per Order Size Cleared Commissionable Order Stocks 808 shares $1.94 Equity Options 6.3 contracts $3.61 Futures 3.1 contracts $3.87 Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 58% of the futures commissions. Other financial information for Interactive Brokers Group: GLOBAL4: The value of the GLOBAL, reported in U.S. dollars, increased by 0.04% in May and increased by 1.758% for the year to date. In the interest of transparency, we quantify our IBKR PRO clients' all-in cost of trade execution below. For the full multimedia release with graph see link: Average U.S. Reg-NMS stock trade was $20,437 in May (dividing 2c by 1a in table below). In May, IBKR PRO clients' total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.1 basis points of trade money5, as, measured against a daily VWAP6 benchmark (3.8 basis points net cost for the rolling twelve months). IBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail All amounts are in millions, except % Previous Jun '24 Jul '24 Aug '24 Sep '24 Oct '24 Nov '24 Dec '24 Jan '25 Feb '25 Mar '25 Apr '25 May '25 12 Months #1a - Number of orders Buys 8.07 10.09 9.84 8.38 10.93 11.40 13.32 12.74 12.40 12.19 13.79 12.15 135.30 Sells 5.83 7.55 7.53 6.54 8.33 8.62 9.66 8.97 9.08 8.71 10.16 9.49 100.47 Total 13.90 17.64 17.37 14.92 19.26 20.02 22.98 21.71 21.48 20.90 23.95 21.65 235.77 #1b - Number of shares purchased or sold Shares bought 3,305 3,855 4,154 3,614 4,645 4,744 5,517 5,223 4,946 5,047 6,008 5,659 56,716 Shares sold 3,100 3,767 3,960 3,436 4,390 4,497 5,232 4,868 4,738 4,804 5,850 5,212 53,853 Total 6,405 7,622 8,114 7,050 9,035 9,241 10,749 10,090 9,683 9,851 11,858 10,871 110,569 #2 - Trade money including price, commissions and fees 2a Buy money $151,903 $189,920 $182,908 $155,758 $190,627 $204,300 $214,806 $208,418 $200,026 $216,767 $254,062 $222,977 $2,392,472 2b Sell money $147,514 $191,745 $186,274 $154,825 $188,444 $201,932 $215,520 $203,359 $204,689 $218,670 $259,783 $219,486 $2,392,241 2c Total $299,417 $381,664 $369,182 $310,583 $379,071 $406,232 $430,326 $411,778 $404,715 $435,437 $513,845 $442,463 $4,784,713 #3 - Trade value at Daily VWAP 3a Buy value $151,684 $189,851 $182,849 $155,692 $190,537 $204,249 $214,660 $208,258 $199,957 $216,676 $254,052 $223,005 $2,391,469 3b Sell value $147,417 $191,812 $186,440 $154,890 $188,493 $201,995 $215,621 $203,305 $204,744 $218,725 $259,985 $219,608 $2,393,037 3c Total $299,101 $381,663 $369,289 $310,582 $379,030 $406,243 $430,281 $411,563 $404,702 $435,401 $514,038 $442,613 $4,784,506 #4 - Total trade expense, including commissions and fees, relative to Daily VWAP 4a Buys (2a-3a) $219.1 $68.8 $58.6 $66.6 $90.7 $51.4 $145.7 $160.6 $68.5 $90.6 $9.6 ($28.0) $1,002.2 4b Sells (3b-2b) ($97.1) $67.5 $166.0 $65.7 $49.6 $62.3 $100.9 ($54.3) $55.2 $55.2 $202.8 $122.0 $795.8 4c Total trade expense $122.0 $136.3 $224.6 $132.3 $140.3 $113.8 $246.6 $106.4 $123.7 $145.8 $212.4 $94.0 $1,798.0 Trade expense as percentage of trade money 4c/2c 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.033% 0.041% 0.021% 0.038% #5 - Trade expense categories 5a Total commissions & fees $30.4 $37.1 $38.1 $33.2 $41.9 $43.5 $47.4 $46.2 $45.5 $45.7 $52.7 $44.5 $506.2 5b Execution cost (4c-5a) $91.6 $99.2 $186.5 $99.1 $98.4 $70.3 $199.2 $60.2 $78.2 $100.0 $159.7 $49.5 $1,291.9 #6 - Trade expense categories as percentage of trade money Total commissions & fees (5a/2c) 0.010% 0.010% 0.010% 0.011% 0.011% 0.011% 0.011% 0.011% 0.011% 0.010% 0.010% 0.010% 0.011% Execution cost (5b/2c) 0.031% 0.026% 0.051% 0.032% 0.026% 0.017% 0.046% 0.015% 0.020% 0.023% 0.031% 0.011% 0.027% Net Expense to IB Clients 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.033% 0.041% 0.021% 0.038% The above illustrates that the rolling twelve months' average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 3.8 basis points. ____________________________ Note 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period. Note 2: FDIC insured client bank deposit sweep program balances with participating banks. These deposits are not reported in the Company's statement of financial condition. Note 3: Commissionable Order – a customer order that generates commissions. Note 4: In connection with our currency diversification strategy, we have determined to base our net worth in GLOBALs, a basket of 10 major currencies in which we hold our equity. The total effect of the currency diversification strategy is reported in Comprehensive Income and the components are reported in (1) Other Income and (2) Other Comprehensive Income ("OCI") on the balance sheet. The effect of the GLOBAL on our comprehensive income can be estimated by multiplying the total equity for the period by the change in the U.S. dollar value of the GLOBAL during the same period. Note 5: Trade money is the total amount of money clients spent or received, including all commissions and fees. Note 6: Consistent with the clients' trading activity, the computed VWAP benchmark includes extended trading hours. ____________________________ More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company's corporate web site, About Interactive Brokers Group, Inc.: Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies, from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, and many others. Cautionary Note Regarding Forward-Looking Statements: The foregoing information contains certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission. View source version on Contacts Contacts for Interactive Brokers Group, Inc.: media@
Business Wire
4 days ago
- Business
- Business Wire
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for May 2025, includes Reg.-NMS Execution Statistics
GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for May. Brokerage highlights for the month included: 3.384 million Daily Average Revenue Trades (DARTs) 1, 43% higher than prior year and 11% lower than prior month. Ending client equity of $628.2 billion, 29% higher than prior year and 7% higher than prior month. Ending client margin loan balances of $61.2 billion, 15% higher than prior year and 5% higher than prior month. Ending client credit balances of $134.7 billion, including $5.4 billion in insured bank deposit sweeps 2, 26% higher than prior year and 1% higher than prior month. 3.79 million client accounts, 32% higher than prior year and 2% higher than prior month. 196 annualized average cleared DARTs 1 per client account. Average commission per cleared Commissionable Order 3 of $2.61 including exchange, clearing and regulatory fees. Key products: Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 58% of the futures commissions. Other financial information for Interactive Brokers Group: GLOBAL 4: The value of the GLOBAL, reported in U.S. dollars, increased by 0.04% in May and increased by 1.758% for the year to date. In the interest of transparency, we quantify our IBKR PRO clients' all-in cost of trade execution below. For the full multimedia release with graph see link: Average U.S. Reg-NMS stock trade was $20,437 in May (dividing 2c by 1a in table below). In May, IBKR PRO clients' total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.1 basis points of trade money 5, as, measured against a daily VWAP 6 benchmark (3.8 basis points net cost for the rolling twelve months). IBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail All amounts are in millions, except % Previous Jun '24 Jul '24 Aug '24 Sep '24 Oct '24 Nov '24 Dec '24 Jan '25 Feb '25 Mar '25 Apr '25 May '25 12 Months #1a - Number of orders Buys 8.07 10.09 9.84 8.38 10.93 11.40 13.32 12.74 12.40 12.19 13.79 12.15 135.30 Sells 5.83 7.55 7.53 6.54 8.33 8.62 9.66 8.97 9.08 8.71 10.16 9.49 100.47 Total 13.90 17.64 17.37 14.92 19.26 20.02 22.98 21.71 21.48 20.90 23.95 21.65 235.77 #1b - Number of shares purchased or sold Shares bought 3,305 3,855 4,154 3,614 4,645 4,744 5,517 5,223 4,946 5,047 6,008 5,659 56,716 Shares sold 3,100 3,767 3,960 3,436 4,390 4,497 5,232 4,868 4,738 4,804 5,850 5,212 53,853 Total 6,405 7,622 8,114 7,050 9,035 9,241 10,749 10,090 9,683 9,851 11,858 10,871 110,569 #2 - Trade money including price, commissions and fees 2a Buy money $151,903 $189,920 $182,908 $155,758 $190,627 $204,300 $214,806 $208,418 $200,026 $216,767 $254,062 $222,977 $2,392,472 2b Sell money $147,514 $191,745 $186,274 $154,825 $188,444 $201,932 $215,520 $203,359 $204,689 $218,670 $259,783 $219,486 $2,392,241 2c Total $299,417 $381,664 $369,182 $310,583 $379,071 $406,232 $430,326 $411,778 $404,715 $435,437 $513,845 $442,463 $4,784,713 #3 - Trade value at Daily VWAP 3a Buy value $151,684 $189,851 $182,849 $155,692 $190,537 $204,249 $214,660 $208,258 $199,957 $216,676 $254,052 $223,005 $2,391,469 3b Sell value $147,417 $191,812 $186,440 $154,890 $188,493 $201,995 $215,621 $203,305 $204,744 $218,725 $259,985 $219,608 $2,393,037 3c Total $299,101 $381,663 $369,289 $310,582 $379,030 $406,243 $430,281 $411,563 $404,702 $435,401 $514,038 $442,613 $4,784,506 #4 - Total trade expense, including commissions and fees, relative to Daily VWAP 4a Buys (2a-3a) $219.1 $68.8 $58.6 $66.6 $90.7 $51.4 $145.7 $160.6 $68.5 $90.6 $9.6 ($28.0) $1,002.2 4b Sells (3b-2b) ($97.1) $67.5 $166.0 $65.7 $49.6 $62.3 $100.9 ($54.3) $55.2 $55.2 $202.8 $122.0 $795.8 4c Total trade expense $122.0 $136.3 $224.6 $132.3 $140.3 $113.8 $246.6 $106.4 $123.7 $145.8 $212.4 $94.0 $1,798.0 Trade expense as percentage of trade money 4c/2c 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.033% 0.041% 0.021% 0.038% #5 - Trade expense categories 5a Total commissions & fees $30.4 $37.1 $38.1 $33.2 $41.9 $43.5 $47.4 $46.2 $45.5 $45.7 $52.7 $44.5 $506.2 5b Execution cost (4c-5a) $91.6 $99.2 $186.5 $99.1 $98.4 $70.3 $199.2 $60.2 $78.2 $100.0 $159.7 $49.5 $1,291.9 #6 - Trade expense categories as percentage of trade money Total commissions & fees (5a/2c) 0.010% 0.010% 0.010% 0.011% 0.011% 0.011% 0.011% 0.011% 0.011% 0.010% 0.010% 0.010% 0.011% Execution cost (5b/2c) 0.031% 0.026% 0.051% 0.032% 0.026% 0.017% 0.046% 0.015% 0.020% 0.023% 0.031% 0.011% 0.027% Net Expense to IB Clients 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.033% 0.041% 0.021% 0.038% Expand The above illustrates that the rolling twelve months' average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 3.8 basis points. ____________________________ Expand Note 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period. Note 2: FDIC insured client bank deposit sweep program balances with participating banks. These deposits are not reported in the Company's statement of financial condition. Note 3: Commissionable Order – a customer order that generates commissions. Note 4: In connection with our currency diversification strategy, we have determined to base our net worth in GLOBALs, a basket of 10 major currencies in which we hold our equity. The total effect of the currency diversification strategy is reported in Comprehensive Income and the components are reported in (1) Other Income and (2) Other Comprehensive Income ('OCI') on the balance sheet. The effect of the GLOBAL on our comprehensive income can be estimated by multiplying the total equity for the period by the change in the U.S. dollar value of the GLOBAL during the same period. Note 5: Trade money is the total amount of money clients spent or received, including all commissions and fees. Note 6: Consistent with the clients' trading activity, the computed VWAP benchmark includes extended trading hours. More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company's corporate web site, About Interactive Brokers Group, Inc.: Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies, from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, and many others. Cautionary Note Regarding Forward-Looking Statements: The foregoing information contains certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.
Business Wire
01-05-2025
- Business
- Business Wire
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for April 2025, includes Reg.-NMS Execution Statistics
GREENWICH, Conn.--(BUSINESS WIRE)--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: 3.818 million Daily Average Revenue Trades (DARTs) 1, 63% higher than prior year and 10% higher than prior month. Ending client equity of $588.1 billion, 28% higher than prior year and 3% higher than prior month. Ending client margin loan balances of $58.2 billion, 15% higher than prior year and 9% lower than prior month. Ending client credit balances of $132.8 billion, including $5.0 billion in insured bank deposit sweeps 2, 26% higher than prior year and 6% higher than prior month. 3.71 million client accounts, 32% higher than prior year and 3% higher than prior month. 227 annualized average cleared DARTs 1 per client account. Average commission per cleared Commissionable Order 3 of $2.75 including exchange, clearing and regulatory fees. Key products: Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 57% of the futures commissions. Other financial information for Interactive Brokers Group: GLOBAL 4: The value of the GLOBAL, reported in U.S. dollars, increased by 0.96% in April and increased by 1.715% for the year to date. In the interest of transparency, we quantify our IBKR PRO clients' all-in cost of trade execution below. For the full multimedia release with graph see link: Average U.S. Reg-NMS stock trade was $21,455 in April (dividing 2c by 1a in table below). In April, IBKR PRO clients' total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 4.1 basis points of trade money 5, as, measured against a daily VWAP 6 benchmark (3.9 basis points net cost for the rolling twelve months). IBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail All amounts are in millions, except % Previous May '24 Jun '24 Jul '24 Aug '24 Sep '24 Oct '24 Nov '24 Dec '24 Jan '25 Feb '25 Mar '25 Apr '25 12 Months #1a - Number of orders Buys 8.80 8.07 10.09 9.84 8.38 10.93 11.40 13.32 12.74 12.40 12.19 13.79 131.95 Sells 6.67 5.83 7.55 7.53 6.54 8.33 8.62 9.66 8.97 9.08 8.71 10.16 97.65 Total 15.47 13.90 17.64 17.37 14.92 19.26 20.02 22.98 21.71 21.48 20.90 23.95 229.60 #1b - Number of shares purchased or sold Shares bought 4,712 3,305 3,855 4,154 3,614 4,645 4,744 5,517 5,223 4,946 5,047 6,008 55,769 Shares sold 4,374 3,100 3,767 3,960 3,436 4,390 4,497 5,232 4,868 4,738 4,804 5,850 53,016 Total 9,087 6,405 7,622 8,114 7,050 9,035 9,241 10,749 10,090 9,683 9,851 11,858 108,785 #2 - Trade money including price, commissions and fees 2a Buy money $170,762 $151,903 $189,920 $182,908 $155,758 $190,627 $204,300 $214,806 $208,418 $200,026 $216,767 $254,062 $2,340,257 2b Sell money $169,343 $147,514 $191,745 $186,274 $154,825 $188,444 $201,932 $215,520 $203,359 $204,689 $218,670 $259,783 $2,342,098 2c Total $340,105 $299,417 $381,664 $369,182 $310,583 $379,071 $406,232 $430,326 $411,778 $404,715 $435,437 $513,845 $4,682,355 #3 - Trade value at Daily VWAP 3a Buy value $170,686 $151,684 $189,851 $182,849 $155,692 $190,537 $204,249 $214,660 $208,258 $199,957 $216,676 $254,052 $2,339,151 3b Sell value $169,379 $147,417 $191,812 $186,440 $154,890 $188,493 $201,995 $215,621 $203,305 $204,744 $218,725 $259,985 $2,342,808 3c Total $340,066 $299,101 $381,663 $369,289 $310,582 $379,030 $406,243 $430,281 $411,563 $404,702 $435,401 $514,038 $4,681,959 #4 - Total trade expense, including commissions and fees, relative to Daily VWAP 4a Buys (2a-3a) $75.4 $219.1 $68.8 $58.6 $66.6 $90.7 $51.4 $145.7 $160.6 $68.5 $90.6 $9.6 $1,105.5 4b Sells (3b-2b) $36.0 ($97.1) $67.5 $166.0 $65.7 $49.6 $62.3 $100.9 ($54.3) $55.2 $55.2 $202.8 $709.9 4c Total trade expense $111.4 $122.0 $136.3 $224.6 $132.3 $140.3 $113.8 $246.6 $106.4 $123.7 $145.8 $212.4 $1,815.4 Trade expense as percentage of trade money 4c/2c 0.033% 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.033% 0.041% 0.039% #5 - Trade expense categories 5a Total commissions & fees $36.1 $30.4 $37.1 $38.1 $33.2 $41.9 $43.5 $47.4 $46.2 $45.5 $45.7 $52.7 $497.8 5b Execution cost (4c-5a) $75.4 $91.6 $99.2 $186.5 $99.1 $98.4 $70.3 $199.2 $60.2 $78.2 $100.0 $159.7 $1,317.8 #6 - Trade expense categories as percentage of trade money Total commissions & fees (5a/2c) 0.011% 0.010% 0.010% 0.010% 0.011% 0.011% 0.011% 0.011% 0.011% 0.011% 0.010% 0.010% 0.011% Execution cost (5b/2c) 0.022% 0.031% 0.026% 0.051% 0.032% 0.026% 0.017% 0.046% 0.015% 0.020% 0.023% 0.031% 0.028% Net Expense to IB Clients 0.033% 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.033% 0.041% 0.039% Expand The above illustrates that the rolling twelve months' average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 3.9 basis points. ________________ Note 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period. Note 2: FDIC insured client bank deposit sweep program balances with participating banks. These deposits are not reported in the Company's statement of financial condition. Note 3: Commissionable Order – a customer order that generates commissions. Note 4: In connection with our currency diversification strategy, we have determined to base our net worth in GLOBALs, a basket of 10 major currencies in which we hold our equity. The total effect of the currency diversification strategy is reported in Comprehensive Income and the components are reported in (1) Other Income and (2) Other Comprehensive Income ('OCI') on the balance sheet. The effect of the GLOBAL on our comprehensive income can be estimated by multiplying the total equity for the period by the change in the U.S. dollar value of the GLOBAL during the same period. Note 5: Trade money is the total amount of money clients spent or received, including all commissions and fees. Note 6: Consistent with the clients' trading activity, the computed VWAP benchmark includes extended trading hours. _________________ More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company's corporate web site, About Interactive Brokers Group, Inc.: Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies, from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, and many others. Cautionary Note Regarding Forward-Looking Statements: The foregoing information contains certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.
Yahoo
03-03-2025
- Business
- Yahoo
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for February 2025, includes Reg.-NMS Execution Statistics
GREENWICH, Conn., March 03, 2025--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for February. Brokerage highlights for the month included: 3.617 million Daily Average Revenue Trades (DARTs)1, 48% higher than prior year and 4% higher than prior month. Ending client equity of $587.8 billion, 31% higher than prior year and 1% lower than prior month. Ending client margin loan balances of $63.3 billion, 34% higher than prior year and 2% lower than prior month. Ending client credit balances of $123.8 billion, including $4.8 billion in insured bank deposit sweeps2, 20% higher than prior year and 3% higher than prior month. 3.54 million client accounts, 32% higher than prior year and 3% higher than prior month. 225 annualized average cleared DARTs1 per client account. Average commission per cleared Commissionable Order3 of $2.80 including exchange, clearing and regulatory fees. Key products: February 2025 Average Average Commission per Order Size Cleared Commissionable Order Stocks 932 shares $2.11 Equity Options 6.4 contracts $3.87 Futures 3.0 contracts $4.41 Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 56% of the futures commissions. Other financial information for Interactive Brokers Group: GLOBAL4: The value of the GLOBAL, reported in U.S. dollars, increased by 0.15% in February. In the interest of transparency, we quantify our IBKR PRO clients' all-in cost of trade execution below. For the full multimedia release with graph see link: Average U.S. Reg-NMS stock trade was $18,841 in February (dividing 2c by 1a in table below). In February, IBKR PRO clients' total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 3.1 basis points of trade money5, as, measured against a daily VWAP6 benchmark (4.0 basis points net cost for the rolling twelve months). IBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail All amounts are in millions, except % Previous Mar '24 Apr '24 May '24 Jun '24 Jul '24 Aug '24 Sep '24 Oct '24 Nov '24 Dec '24 Jan '25 Feb '25 12 Months #1a - Number of orders Buys 8.51 8.36 8.80 8.07 10.09 9.84 8.38 10.93 11.40 13.32 12.74 12.40 122.84 Sells 6.23 6.21 6.67 5.83 7.55 7.53 6.54 8.33 8.62 9.66 8.97 9.08 91.22 Total 14.74 14.57 15.47 13.90 17.64 17.37 14.92 19.26 20.02 22.98 21.71 21.48 214.06 #1b - Number of shares purchased or sold Shares bought 3,432 3,387 4,712 3,305 3,855 4,154 3,614 4,645 4,744 5,517 5,223 4,946 51,534 Shares sold 3,189 3,190 4,374 3,100 3,767 3,960 3,436 4,390 4,497 5,232 4,868 4,738 48,740 Total 6,621 6,577 9,087 6,405 7,622 8,114 7,050 9,035 9,241 10,749 10,090 9,683 100,274 #2 - Trade money including price, commissions and fees 2a Buy money $165,938 $161,619 $170,762 $151,903 $189,920 $182,908 $155,758 $190,627 $204,300 $214,806 $208,418 $200,026 $2,196,985 2b Sell money $163,285 $165,541 $169,343 $147,514 $191,745 $186,274 $154,825 $188,444 $201,932 $215,520 $203,359 $204,689 $2,192,471 2c Total $329,223 $327,160 $340,105 $299,417 $381,664 $369,182 $310,583 $379,071 $406,232 $430,326 $411,778 $404,715 $4,389,456 #3 - Trade value at Daily VWAP 3a Buy value $165,825 $161,534 $170,686 $151,684 $189,851 $182,849 $155,692 $190,537 $204,249 $214,660 $208,258 $199,957 $2,195,781 3b Sell value $163,313 $165,602 $169,379 $147,417 $191,812 $186,440 $154,890 $188,493 $201,995 $215,621 $203,305 $204,744 $2,193,011 3c Total $329,138 $327,135 $340,066 $299,101 $381,663 $369,289 $310,582 $379,030 $406,243 $430,281 $411,563 $404,702 $4,388,793 #4 - Total trade expense, including commissions and fees, relative to Daily VWAP 4a Buys (2a-3a) $113.3 $85.1 $75.4 $219.1 $68.8 $58.6 $66.6 $90.7 $51.4 $145.7 $160.6 $68.5 $1,203.7 4b Sells (3b-2b) $28.0 $60.7 $36.0 ($97.1) $67.5 $166.0 $65.7 $49.6 $62.3 $100.9 ($54.3) $55.2 $540.6 4c Total trade expense $141.3 $145.8 $111.4 $122.0 $136.3 $224.6 $132.3 $140.3 $113.8 $246.6 $106.4 $123.7 $1,744.3 Trade expense as percentage of trade money 4c/2c 0.043% 0.045% 0.033% 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.040% #5 - Trade expense categories 5a Total commissions & fees $29.2 $28.8 $36.1 $30.4 $37.1 $38.1 $33.2 $41.9 $43.5 $47.4 $46.2 $45.5 $457.4 5b Execution cost (4c-5a) $112.1 $117.0 $75.4 $91.6 $99.2 $186.5 $99.1 $98.4 $70.3 $199.2 $60.2 $78.2 $1,287.2 #6 - Trade expense categories as percentage of trade money Total commissions & fees (5a/2c) 0.009% 0.009% 0.011% 0.010% 0.010% 0.010% 0.011% 0.011% 0.011% 0.011% 0.011% 0.011% 0.010% Execution cost (5b/2c) 0.034% 0.036% 0.022% 0.031% 0.026% 0.051% 0.032% 0.026% 0.017% 0.046% 0.015% 0.020% 0.030% Net Expense to IB Clients 0.043% 0.045% 0.033% 0.041% 0.036% 0.061% 0.043% 0.037% 0.028% 0.057% 0.026% 0.031% 0.040% The above illustrates that the rolling twelve months' average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 4.0 basis points. Note 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period. Note 2: FDIC insured client bank deposit sweep program balances with participating banks. These deposits are not reported in the Company's statement of financial condition. Note 3: Commissionable Order – a customer order that generates commissions. Note 4: In connection with our currency diversification strategy, we have determined to base our net worth in GLOBALs, a basket of 10 major currencies in which we hold our equity. The total effect of the currency diversification strategy is reported in Comprehensive Income and the components are reported in (1) Other Income and (2) Other Comprehensive Income ("OCI") on the balance sheet. The effect of the GLOBAL on our comprehensive income can be estimated by multiplying the total equity for the period by the change in the U.S. dollar value of the GLOBAL during the same period. Note 5: Trade money is the total amount of money clients spent or received, including all commissions and fees. Note 6: Consistent with the clients' trading activity, the computed VWAP benchmark includes extended trading hours. _________________More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company's corporate web site, About Interactive Brokers Group, Inc.:Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies, from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, and many others. Cautionary Note Regarding Forward-Looking Statements:The foregoing information contains certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission. View source version on Contacts Contacts for Interactive Brokers Group, Inc.: media@
