Interactive Brokers Sees an Increase of 10% in DARTs for June 2021


The average commission per cleared commissionable order was $2.26 including exchange, clearing, and regulatory fees.

Interactive Brokers LLC (NASDAQ: IBKR) released its monthly performance metrics for June, noting that 2.471 million Daily Average Revenue Trades (DARTs) were seen in the firm over the month, 10% higher than the prior month. Additionally, according to the report, ending client equity was $363.5 billion in June, which represented a surge of 79% compared to the last year’s figure. Still, it was slightly higher in a month-over-month reading.

“Ending client margin loan balances of $48.8 billion, 96% higher than prior year and 7% higher than prior month. Ending client credit balances of $82.1 billion, including $2.7 billion in insured bank deposit sweeps, 16% higher than prior year and 2% higher than prior month,” the brokerage noted.

In terms of clients’ accounts, Interactive Brokers said it witnessed 1.41 million accounts created, 61% higher than 2020 and 2% higher than the prior month, while annualized average cleared DARTs per client account was 401. The so-called DART is a critical indicator used by most US brokers to measure their clients’ activity.

May 2021 Metrics

In May, Interactive Brokers DARTs numbered 2.25 million, which is 37% higher than the prior year and 3% higher than the prior month. Furthermore, ending client equity was $348.3 billion, which is 83% higher than 2020 and 1% higher than April. At that time, the report detailed another uptick witnessed by the US-listed brokerage regarding their ending client equity in March. As a result, the brokerage company accounted for a total of $330.6 billion for the month. Also, the ending client margin loan balances in the firm were $45.8 billion, which was 97% higher than 2020 and 2% higher than April.

Early in June, Finance Magnates reported that Interactive Brokers LLC is looking forward to offering cryptocurrencies trading within its platform at some point in July. The announcement was made at the Piper Sandler Global Exchange & FinTech Conference.

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