Interactive Brokers Continues Double-Digit Growth in DARTs for July 2024

Interactive Brokers, an automated global electronic broker, reported its Electronic Brokerage monthly performance metrics for July, with Daily Average Revenue Trades (DARTs) up 38% from the prior year and rising 12% from the prior month, reaching 2.756 million.

Ending client equity was $509.5 billion, an increase of 32% year-on-year (YoY) and 2% month-over-month (MoM). Ending client margin loan balances were $109.2 billion, including $4.2 billion in insured bank deposit sweeps, 11% higher than the prior year and 2% higher than the prior month.

In July, Interactive Brokers’ client accounts amounted to 3.00 million, a 29% YoY increase and a 2% MoM increase. The company also reported 206 annualized average cleared DARTs per client account. 

Including exchange, clearing, and regulatory fees, the average commission per cleared Commission Order was $2.78.