Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just reported its operating metrics for April 2024.
Interactive Brokers registered 2.339 million Daily Average Revenue Trades (DARTs) in April 2024, 33% higher than in April 2023 and 3% lower than in March 2024.
Ending client equity was $457.8 billion, 34% higher than prior year and 2% lower than prior month, whereas ending client margin loan balances amounted to $50.7 billion, 28% higher than prior year and 1% lower than prior month.
Interactive Brokers registered 2.81 million client accounts, 26% higher than prior year and 2% higher than prior month.
Average commission per cleared Commissionable Order was $3.00 including exchange, clearing and regulatory fees.
Interactive Brokers has recently posted its financial results for the first quarter of 2024.
Diluted earnings per share were $1.61 for the first quarter of 2024 and $1.64 as adjusted. Net revenues were $1,203 million for the first quarter of 2024 and $1,216 million as adjusted.
Income before income taxes was $866 million for the first quarter of 2024 and $879 million as adjusted. Net interest income increased 17% to $747 million on higher benchmark interest rates, customer margin loans and customer credit balances.
