STOCK TITAN

Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for December 2024, includes Reg.-NMS Execution Statistics

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

Interactive Brokers Group (IBKR) reported its December 2024 brokerage metrics, showing significant year-over-year growth across key performance indicators. The company recorded 3.267 million Daily Average Revenue Trades (DARTs), up 66% from the previous year but down 1% from November.

Client equity reached $568.2 billion (33% YoY increase), while margin loan balances grew to $64.2 billion (45% YoY increase). Client credit balances, including $4.9 billion in insured bank deposits, totaled $119.7 billion (15% YoY increase). The company's client base expanded to 3.34 million accounts, representing a 30% YoY increase.

Average commission per cleared commissionable order was $2.58, with specific rates for stocks ($1.84), equity options ($3.82), and futures ($4.56). IBKR PRO clients' total cost for executing U.S. Reg.-NMS stocks was approximately 5.7 basis points in December.

Interactive Brokers Group (IBKR) ha pubblicato i suoi metriche di intermediazione di dicembre 2024, mostrando una significativa crescita anno dopo anno in tutti i principali indicatori di performance. L'azienda ha registrato 3,267 milioni di Daily Average Revenue Trades (DARTs), in aumento del 66% rispetto all'anno precedente, ma in calo dell'1% rispetto a novembre.

Il capitale dei clienti ha raggiunto 568,2 miliardi di dollari (in aumento del 33% anno su anno), mentre i saldi dei prestiti margin sono cresciuti fino a 64,2 miliardi di dollari (aumento del 45% anno su anno). I saldi di credito dei clienti, inclusi 4,9 miliardi di dollari in depositi bancari assicurati, hanno totalizzato 119,7 miliardi di dollari (aumento del 15% anno su anno). La base di clienti dell'azienda è cresciuta a 3,34 milioni di conti, rappresentando un aumento del 30% anno su anno.

La commissione media per ordine di commissione liquidato era di 2,58 dollari, con tariffe specifiche per azioni (1,84 dollari), opzioni azionarie (3,82 dollari) e futures (4,56 dollari). Il costo totale per i clienti IBKR PRO per l'esecuzione di azioni U.S. Reg.-NMS era di circa 5,7 punti base a dicembre.

Interactive Brokers Group (IBKR) informó sobre sus métricas de corretaje de diciembre de 2024, mostrando un crecimiento significativo año tras año en todos los indicadores clave de rendimiento. La compañía registró 3.267 millones de Daily Average Revenue Trades (DARTs), un aumento del 66% en comparación con el año anterior, aunque disminuyó un 1% en comparación con noviembre.

El capital de los clientes alcanzó 568.2 mil millones de dólares (aumento del 33% interanual), mientras que los saldos de préstamos de margen crecieron a 64.2 mil millones de dólares (aumento del 45% interanual). Los saldos de crédito de los clientes, incluyendo 4.9 mil millones de dólares en depósitos bancarios asegurados, totalizaron 119.7 mil millones de dólares (aumento del 15% interanual). La base de clientes de la compañía se expandió a 3.34 millones de cuentas, representando un aumento del 30% interanual.

La comisión promedio por orden de comisión liquidada fue de 2.58 dólares, con tarifas específicas para acciones (1.84 dólares), opciones sobre acciones (3.82 dólares) y futuros (4.56 dólares). El costo total para los clientes de IBKR PRO para ejecutar acciones de U.S. Reg.-NMS fue de aproximadamente 5.7 puntos básicos en diciembre.

인터랙티브 브로커스 그룹 (IBKR)는 2024년 12월 브로커리지 지표를 발표하며 주요 성과 지표에서 전년 대비 상당한 성장을 보여주었습니다. 이 회사는 3.267백만 일일 평균 수익 거래(DART)를 기록했으며, 이는 전년 대비 66% 증가했지만 11월 대비 1% 감소했습니다.

고객 자산은 5,682억 달러에 도달했으며 (전년 대비 33% 증가), 마진 대출 잔액은 642억 달러로 증가했습니다 (전년 대비 45% 증가). 고객 신용 잔액은 49억 달러의 보장된 은행 예금을 포함하여 총 1,197억 달러에 달했습니다 (전년 대비 15% 증가). 이 회사의 고객 기반은 334만 계좌로 확대되어 전년 대비 30% 증가했습니다.

정산된 주문당 평균 수수료는 2.58달러였으며, 주식(1.84달러), 주식 옵션(3.82달러) 및 선물(4.56달러) 등 특정 요금이 적용되었습니다. IBKR PRO 고객의 미국 Reg.-NMS 주식 실행 총 비용은 12월에 약 5.7 베이시스 포인트였습니다.

Interactive Brokers Group (IBKR) a publié ses métriques de courtage de décembre 2024, montrant une croissance significative d'une année sur l'autre dans tous les principaux indicateurs de performance. L'entreprise a enregistré 3,267 millions de Daily Average Revenue Trades (DARTs), en hausse de 66% par rapport à l'année précédente, mais en baisse de 1% par rapport à novembre.

Le capital des clients a atteint 568,2 milliards de dollars (augmentation de 33% par rapport à l'année précédente), tandis que les soldes des prêts sur marge ont augmenté à 64,2 milliards de dollars (augmentation de 45% par rapport à l'année précédente). Les soldes de crédit des clients, y compris 4,9 milliards de dollars de dépôts bancaires garantis, ont totalisé 119,7 milliards de dollars (augmentation de 15% par rapport à l'année précédente). La base de clients de l'entreprise s'est élargie à 3,34 millions de comptes, représentant une augmentation de 30% par rapport à l'année précédente.

La commission moyenne par ordre de commission liquidé était de 2,58 dollars, avec des tarifs spécifiques pour les actions (1,84 dollars), les options sur actions (3,82 dollars) et les contrats à terme (4,56 dollars). Le coût total pour l'exécution des actions U.S. Reg.-NMS pour les clients d'IBKR PRO était d'environ 5,7 points de base en décembre.

Interactive Brokers Group (IBKR) hat seine Brokerage-Metriken für Dezember 2024 veröffentlicht und zeigt ein signifikantes jährliches Wachstum in allen wichtigen Leistungsindikatoren. Das Unternehmen verzeichnete 3,267 Millionen Daily Average Revenue Trades (DARTs), was einem Anstieg von 66% im Vergleich zum Vorjahr entspricht, jedoch einen Rückgang von 1% im Vergleich zum November.

Das Eigenkapital der Kunden erreichte 568,2 Milliarden Dollar (33% Anstieg im Jahresvergleich), während die Margin-Darlehenssalden auf 64,2 Milliarden Dollar anwuchsen (45% Anstieg im Jahresvergleich). Die Guthaben der Kunden, einschließlich 4,9 Milliarden Dollar auf versicherten Bankeinlagen, beliefen sich auf insgesamt 119,7 Milliarden Dollar (15% Anstieg im Jahresvergleich). Die Kundenbasis des Unternehmens wuchs auf 3,34 Millionen Konten, was einem Anstieg von 30% im Jahresvergleich entspricht.

Die durchschnittliche Gebühr pro bereinigtem Handelsauftrag betrug 2,58 Dollar, mit spezifischen Sätzen für Aktien (1,84 Dollar), Aktienoptionen (3,82 Dollar) und Futures (4,56 Dollar). Die Gesamtkosten für die Ausführung von US Reg.-NMS Aktien für IBKR PRO Kunden betrugen im Dezember etwa 5,7 Basispunkte.

Positive
  • DARTs increased 66% year-over-year to 3.267 million
  • Client equity grew 33% YoY to $568.2 billion
  • Margin loan balances up 45% YoY to $64.2 billion
  • Client accounts increased 30% YoY to 3.34 million
  • Client credit balances rose 15% YoY to $119.7 billion
Negative
  • DARTs decreased 1% from previous month
  • Client equity declined 1% from previous month
  • GLOBAL value decreased 0.58% in December and 1.45% for the year

Insights

Interactive Brokers delivered robust performance metrics for December 2024, with several key indicators showing substantial year-over-year growth. Daily Average Revenue Trades (DARTs) surged 66% from the previous year to 3.267 million, indicating heightened trading activity. Client equity reached $568.2 billion, marking a 33% increase, while margin loan balances grew 45% to $64.2 billion. The 30% growth in client accounts to 3.34 million demonstrates strong market share expansion. The average commission per cleared order remains competitive at $2.58, supporting sustained revenue generation. The execution cost analysis shows a modest 5.7 basis points total cost for U.S. Reg-NMS stock trades, maintaining IBKR's position as a low-cost broker.

The metrics reveal IBKR's strengthening market position and operational efficiency. The 15% increase in client credit balances to $119.7 billion indicates growing trust and deposit retention. The platform's trading costs remain highly competitive, with stock trades averaging just $1.84 per order and options at $3.82 per order. The 7% monthly increase in margin loan balances suggests increased client leverage and confidence in market conditions. The modest GLOBAL basket decline of 1.45% for the year demonstrates effective currency risk management. These metrics collectively point to IBKR's successful execution of its growth strategy and maintaining its competitive edge in the electronic brokerage space.

GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for December.

Brokerage highlights for the month included:

  • 3.267 million Daily Average Revenue Trades (DARTs)1, 66% higher than prior year and 1% lower than prior month.
  • Ending client equity of $568.2 billion, 33% higher than prior year and 1% lower than prior month.
  • Ending client margin loan balances of $64.2 billion, 45% higher than prior year and 7% higher than prior month.
  • Ending client credit balances of $119.7 billion, including $4.9 billion in insured bank deposit sweeps2, 15% higher than prior year and 1% higher than prior month.
  • 3.34 million client accounts, 30% higher than prior year and 3% higher than prior month.
  • 219 annualized average cleared DARTs1 per client account.
  • Average commission per cleared Commissionable Order4 of $2.58 including exchange, clearing and regulatory fees. Key products:
December 2024 Average

Average Commission per

Order Size

Cleared Commissionable Order

Stocks 862 shares

$1.84

Equity Options 6.6 contracts

$3.82

Futures 3.1 contracts

$4.56

 

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:

  • Mark to market on U.S. government securities portfolio4 was a gain of $0.3 million for the quarter, and a gain of $1.8 million for the year ended December 31st.
  • GLOBAL5: The value of the GLOBAL, reported in U.S. dollars, decreased by 0.58% in December and decreased by 1.45% for the year ended December 31st.

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:

https://www.interactivebrokers.com/MonthlyMetrics

  • Average U.S. Reg-NMS stock trade was $18,726 in December (dividing 2c by 1a in table below).
  • In December, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 5.7 basis points of trade money6, as, measured against a daily VWAP7 benchmark (4.1 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

 

Jan '24

Feb '24

Mar '24

Apr '24

May '24

Jun '24

Jul '24

Aug '24

Sep '24

Oct '24

Nov '24

Dec '24

12 Months

#1a - Number of orders
Buys

6.79

7.24

8.51

8.36

8.80

8.07

10.09

9.84

8.38

10.93

11.40

13.32

111.73

Sells

4.92

5.38

6.23

6.21

6.67

5.83

7.55

7.53

6.54

8.33

8.62

9.66

83.47

Total

11.71

12.62

14.74

14.57

15.47

13.90

17.64

17.37

14.92

19.26

20.02

22.98

195.20

 
#1b - Number of shares purchased or sold
Shares bought

2,639

2,636

3,432

3,387

4,712

3,305

3,855

4,154

3,614

4,645

4,744

5,517

46,640

Shares sold

2,551

2,499

3,189

3,190

4,374

3,100

3,767

3,960

3,436

4,390

4,497

5,232

44,184

Total

5,189

5,135

6,621

6,577

9,087

6,405

7,622

8,114

7,050

9,035

9,241

10,749

90,824

 
#2 - Trade money including price, commissions and fees
2a Buy money

$133,951

$148,224

$165,938

$161,619

$170,762

$151,903

$189,920

$182,908

$155,758

$190,627

$204,300

$214,806

$2,070,716

2b Sell money

$131,649

$143,433

$163,285

$165,541

$169,343

$147,514

$191,745

$186,274

$154,825

$188,444

$201,932

$215,520

$2,059,505

2c Total

$265,601

$291,657

$329,223

$327,160

$340,105

$299,417

$381,664

$369,182

$310,583

$379,071

$406,232

$430,326

$4,130,220

 
#3 - Trade value at Daily VWAP
3a Buy value

$133,917

$148,162

$165,825

$161,534

$170,686

$151,684

$189,851

$182,849

$155,692

$190,537

$204,249

$214,660

$2,069,645

3b Sell value

$131,705

$143,451

$163,313

$165,602

$169,379

$147,417

$191,812

$186,440

$154,890

$188,493

$201,995

$215,621

$2,060,117

3c Total

$265,622

$291,612

$329,138

$327,135

$340,066

$299,101

$381,663

$369,289

$310,582

$379,030

$406,243

$430,281

$4,129,762

 
#4 - Total trade expense, including commissions and fees, relative to Daily VWAP
4a Buys (2a-3a)

$34.2

$62.5

$113.3

$85.1

$75.4

$219.1

$68.8

$58.6

$66.6

$90.7

$51.4

$145.7

$1,071.2

4b Sells (3b-2b)

$55.2

$18.0

$28.0

$60.7

$36.0

($97.1)

$67.5

$166.0

$65.7

$49.6

$62.3

$100.9

$612.9

4c Total trade expense

$89.4

$80.5

$141.3

$145.8

$111.4

$122.0

$136.3

$224.6

$132.3

$140.3

$113.8

$246.6

$1,684.1

 
Trade expense as percentage of trade money
4c/2c

0.034%

0.028%

0.043%

0.045%

0.033%

0.041%

0.036%

0.061%

0.043%

0.037%

0.028%

0.057%

0.041%

 
#5 - Trade expense categories
5a Total commissions & fees

$23.4

$23.7

$29.2

$28.8

$36.1

$30.4

$37.1

$38.1

$33.2

$41.9

$43.5

$47.4

$412.8

5b Execution cost (4c-5a)

$66.0

$56.7

$112.1

$117.0

$75.4

$91.6

$99.2

$186.5

$99.1

$98.4

$70.3

$199.2

$1,271.5

 
#6 - Trade expense categories as percentage of trade money
Total commissions & fees (5a/2c)

0.009%

0.009%

0.009%

0.009%

0.011%

0.010%

0.010%

0.010%

0.011%

0.011%

0.011%

0.011%

0.010%

Execution cost (5b/2c)

0.025%

0.019%

0.034%

0.036%

0.022%

0.031%

0.026%

0.051%

0.032%

0.026%

0.017%

0.046%

0.031%

Net Expense to IB Clients

0.034%

0.028%

0.043%

0.045%

0.033%

0.041%

0.036%

0.061%

0.043%

0.037%

0.028%

0.057%

0.041%

 

The above illustrates that the rolling twelve months’ average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 4.1 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: Mark to market gains and losses on investments in U.S. government securities and associated hedges are included in Other Income. In the general course of business, we hold these investments to maturity. As a result, accumulated mark to market gains or losses should converge to zero at maturity. Accounting conventions require broker-dealers, unlike banks, to mark all investments to market.

Note 5: 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 6: Trade money is the total amount of money clients spent or received, including all commissions and fees.

Note 7: 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, www.interactivebrokers.com/ir.

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 150 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, Stockbrokers.com, 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.

Contacts for Interactive Brokers Group, Inc.: media@ibkr.com.

Source: Interactive Brokers Group, Inc.

FAQ

What was IBKR's Daily Average Revenue Trades (DARTs) growth in December 2024?

IBKR reported 3.267 million DARTs in December 2024, showing a 66% increase year-over-year but a 1% decrease from the previous month.

How much did Interactive Brokers' client equity grow in December 2024?

Client equity reached $568.2 billion, representing a 33% increase year-over-year but a 1% decrease from the previous month.

What was IBKR's average commission per cleared order in December 2024?

The average commission per cleared commissionable order was $2.58, including exchange, clearing and regulatory fees.

How many client accounts did Interactive Brokers have in December 2024?

Interactive Brokers reported 3.34 million client accounts, showing a 30% increase from the previous year and a 3% increase from the previous month.

What were IBKR's margin loan balances in December 2024?

Margin loan balances reached $64.2 billion, showing a 45% increase year-over-year and a 7% increase from the previous month.

Interactive Brokers Group, Inc.

NASDAQ:IBKR

IBKR Rankings

IBKR Latest News

IBKR Stock Data

19.89B
105.52M
2.92%
87.31%
2.14%
Capital Markets
Security Brokers, Dealers & Flotation Companies
Link
United States of America
GREENWICH