Interactive Brokers Registered an 11% DARTs Increase in January

<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2022/04/Interactive-Brokers-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Interactive Brokers" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2022/04/Interactive-Brokers-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2022/04/Interactive-Brokers-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2022/04/Interactive-Brokers-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2022/04/Interactive-Brokers-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2022/04/Interactive-Brokers-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2022/04/Interactive-Brokers-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2022/04/Interactive-Brokers.jpg 880w" sizes="(max-width: 250px) 100vw, 250px" /><p>Furthermore, Interactive Brokers noted a climb in ending client equity to $424.0 billion, a 26% increase year-over-year, with the figures remaining consistent with the previous month’s tally. The data also highlighted ending client margin loan balances of $44.3 billion, showing a robust 12% growth year-over-year, with stability month-over-month.</p>
<p>Client credit balances, which include $3.8 billion in insured bank deposit sweeps, were reported at $102.5 billion, marking a 3% increase from the last year but a slight 2% decrease from the month before.</p>
<p>Interactive Brokers saw its client accounts grow to 2.63 million, a 23% surge from the previous year and a 2% increment from the month prior, with an average of 190 annualised average cleared DARTs executed per account.</p>
<p>The firm noted the average commission per cleared Commissionable Order stood at $3.03, accounting for exchange, clearing, and regulatory fees, with futures and options on futures’ estimated fees making up 56% of the futures commissions.</p>
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<p><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559740&quot;:240}"> </span>In a recent financial update, Interactive Brokers demonstrated remarkable growth for Q4 2023. The brokerage’s net revenue reached $1.139 billion, marking a significant year-over-year increase. Its pre-tax income also saw a notable surge to $816 million, indicative of a robust financial performance.</p>
<p>Commission revenues grew by 5% to $348 million, while net interest income experienced a substantial 29% increase to $730 million. These achievements highlight Interactive Brokers’ ongoing success and financial resilience in the competitive brokerage market.</p>
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