News Interactive Brokers
Interactive Brokers reports growth in client assets

Interactive Brokers reports growth in client assets

Interactive Brokers has released its key operating metrics for March 2024.

The broker noted that daily average revenue trade (DART) in March was 2.412 million, up 17% from the same period in 2023 and down 1% from the previous month.

At the end of March, ending client equity reached $465.9 billion, up 36% year-over-year and 4% higher than February 2024. Meanwhile, end client margin loan balances increased 30% year-over-year and 8% month-over-month to $51.2 billion.

Total client ending balances was $104.9 billion.

Interactive Brokers recorded 2.75 million client accounts in March, up 25% from the same month a year ago and up 2% from February.

The report showed that the average fee per order processed was $2.89, including exchange, clearing, and regulatory fees. This compares to $3.21 in March 2023 and $2.85 in February 2024.

Interactive Brokers has been active in the financial markets since 1977 and has received many prestigious awards. The company provides its clients with a wide range of services, allowing them to engage in both active trading and investing.

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