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

Business Wire12-03 02:21

GREENWICH, Conn., December 02, 2024--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance ...

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(Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance ...</p>\n\n<a href=\"https://finance.yahoo.com/news/interactive-brokers-group-reports-brokerage-182100372.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for November 2024, includes Reg.-NMS Execution Statistics</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInteractive Brokers Group Reports Brokerage Metrics and Other Financial Information for November 2024, includes Reg.-NMS Execution Statistics\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-03 02:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/interactive-brokers-group-reports-brokerage-182100372.html><strong>Business Wire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GREENWICH, Conn., December 02, 2024--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance ...</p>\n\n<a href=\"https://finance.yahoo.com/news/interactive-brokers-group-reports-brokerage-182100372.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://finance.yahoo.com/news/interactive-brokers-group-reports-brokerage-182100372.html","article_id":"2488996571","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/fdnaGwC8UCpQlj_wnLXjPw--~B/aD01MTI7dz0xMDI0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/d22b695fb15bf9c6de008960af291ec2"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488996571","pubTimestamp":1733163660,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"GREENWICH, Conn., December 02, 2024----Interactive Brokers Group, Inc.  an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for November.Ending client equity of $575.9 billion, 42% higher than prior year and 7% higher than prior month.Ending client margin loan balances of $60.2 billion, 43% higher than prior year and 2% higher than prior month.Ending client credit balances of $118.8 billion, including $4.7 billion in insured bank deposit sweeps2, 17% higher than prior year and 1% higher than prior month.227 annualized average cleared DARTs1 per client account.Average commission per cleared Commissionable Order4 of $2.70 including exchange, clearing and regulatory fees. Key products:. Average U.S. Reg-NMS stock trade was $20,291 in November .In November, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.8 basis points of trade money6, as, measured against a daily VWAP7 benchmark .IBKR","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","LU0971096721.USD":"富达环球金融服务 A","IBKR":"盈透证券","NMS":"Nuveen Minnesota Municipal Income Fund","BK4134":"信息科技咨询与其它服务","BK4127":"投资银行业与经纪业","BK4585":"ETF&股票定投概念","LU0963586101.USD":"ALLIANZ GLOBAL SMALL CAP EQUITY \"AT\" ACC","III":"信息服务","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD"},"translate_title":"盈透证券集团报告2024年11月的经纪指标和其他财务信息，包括Reg.-NMS执行统计数据","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBKR":1,"III":1,"NMS":1},"content_text":"GREENWICH, Conn., December 02, 2024--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for November.\nBrokerage highlights for the month included:\n\n3.306 million Daily Average Revenue Trades (DARTs)1, 74% higher than prior year and 17% higher than prior month.\nEnding client equity of $575.9 billion, 42% higher than prior year and 7% higher than prior month.\nEnding client margin loan balances of $60.2 billion, 43% higher than prior year and 2% higher than prior month.\nEnding client credit balances of $118.8 billion, including $4.7 billion in insured bank deposit sweeps2, 17% higher than prior year and 1% higher than prior month.\n3.253 million client accounts, 29% higher than prior year and 2% higher than prior month.\n227 annualized average cleared DARTs1 per client account.\nAverage commission per cleared Commissionable Order4 of $2.70 including exchange, clearing and regulatory fees. Key products:\n\n\n\n\nNovember 2024\n\n\nAverage\n\n\nAverage Commission per\n\n\n\n\n\nOrder Size\n\n\nCleared Commissionable Order\n\n\nStocks\n\n\n785 shares\n\n\n$1.91\n\n\nEquity Options\n\n\n6.8 contracts\n\n\n$3.96\n\n\nFutures\n\n\n3.1 contracts\n\n\n$4.46\n\n\n\nFutures include options on futures. We estimate exchange, clearing and regulatory fees to be 56% of the futures commissions.\nOther financial information for Interactive Brokers Group:\n\nGLOBAL5: The value of the GLOBAL, reported in U.S. dollars, decreased by 0.39% in November.\n\nIn the interest of transparency, we quantify our IBKR PRO clients’ all-in cost of trade execution below.\nFor the full multimedia release with graph see link:\nhttps://www.interactivebrokers.com/MonthlyMetrics\n\nAverage U.S. Reg-NMS stock trade was $20,291 in November (dividing 2c by 1a in table below).\nIn November, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 2.8 basis points of trade money6, as, measured against a daily VWAP7 benchmark (3.8 basis points net cost for the rolling twelve months).\n\n\n\n\nIBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail\n\n\nAll amounts are in millions, except %\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPrevious\n\n\n\nDec '23\n\nJan '24\n\nFeb '24\n\nMar '24\n\nApr '24\n\nMay '24\n\nJun '24\n\nJul '24\n\nAug '24\n\nSep '24\n\nOct '24\n\nNov '24\n\n12 Months\n\n\n#1a - Number of orders\n\n\n\n\nBuys\n5.61\n\n6.79\n\n7.24\n\n8.51\n\n8.36\n\n8.80\n\n8.07\n\n10.09\n\n9.84\n\n8.38\n\n10.93\n\n11.40\n\n104.02\n\n\nSells\n4.48\n\n4.92\n\n5.38\n\n6.23\n\n6.21\n\n6.67\n\n5.83\n\n7.55\n\n7.53\n\n6.54\n\n8.33\n\n8.62\n\n78.29\n\n\nTotal\n10.09\n\n11.71\n\n12.62\n\n14.74\n\n14.57\n\n15.47\n\n13.90\n\n17.64\n\n17.37\n\n14.92\n\n19.26\n\n20.02\n\n182.31\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n#1b - Number of shares purchased or sold\n\n\n\n\nShares bought\n2,596\n\n2,639\n\n2,636\n\n3,432\n\n3,387\n\n4,712\n\n3,305\n\n3,855\n\n4,154\n\n3,614\n\n4,645\n\n4,744\n\n43,719\n\n\nShares sold\n2,471\n\n2,551\n\n2,499\n\n3,189\n\n3,190\n\n4,374\n\n3,100\n\n3,767\n\n3,960\n\n3,436\n\n4,390\n\n4,497\n\n41,423\n\n\nTotal\n5,067\n\n5,189\n\n5,135\n\n6,621\n\n6,577\n\n9,087\n\n6,405\n\n7,622\n\n8,114\n\n7,050\n\n9,035\n\n9,241\n\n85,143\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n#2 - Trade money including price, commissions and fees\n\n\n\n\n2a Buy money\n$115,908\n\n$133,951\n\n$148,224\n\n$165,938\n\n$161,619\n\n$170,762\n\n$151,903\n\n$189,920\n\n$182,908\n\n$155,758\n\n$190,627\n\n$204,300\n\n$1,971,817\n\n\n2b Sell money\n$114,742\n\n$131,649\n\n$143,433\n\n$163,285\n\n$165,541\n\n$169,343\n\n$147,514\n\n$191,745\n\n$186,274\n\n$154,825\n\n$188,444\n\n$201,932\n\n$1,958,727\n\n\n2c Total\n$230,650\n\n$265,601\n\n$291,657\n\n$329,223\n\n$327,160\n\n$340,105\n\n$299,417\n\n$381,664\n\n$369,182\n\n$310,583\n\n$379,071\n\n$406,232\n\n$3,930,544\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n#3 - Trade value at Daily VWAP\n\n\n\n\n3a Buy value\n$115,916\n\n$133,917\n\n$148,162\n\n$165,825\n\n$161,534\n\n$170,686\n\n$151,684\n\n$189,851\n\n$182,849\n\n$155,692\n\n$190,537\n\n$204,249\n\n$1,970,900\n\n\n3b Sell value\n$114,806\n\n$131,705\n\n$143,451\n\n$163,313\n\n$165,602\n\n$169,379\n\n$147,417\n\n$191,812\n\n$186,440\n\n$154,890\n\n$188,493\n\n$201,995\n\n$1,959,303\n\n\n3c Total\n$230,722\n\n$265,622\n\n$291,612\n\n$329,138\n\n$327,135\n\n$340,066\n\n$299,101\n\n$381,663\n\n$369,289\n\n$310,582\n\n$379,030\n\n$406,243\n\n$3,930,203\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n#4 - Total trade expense, including commissions and fees, relative to Daily VWAP\n\n\n\n\n4a Buys (2a-3a)\n($8.3)\n\n$34.2\n\n$62.5\n\n$113.3\n\n$85.1\n\n$75.4\n\n$219.1\n\n$68.8\n\n$58.6\n\n$66.6\n\n$90.7\n\n$51.4\n\n$917.3\n\n\n4b Sells (3b-2b)\n$63.8\n\n$55.2\n\n$18.0\n\n$28.0\n\n$60.7\n\n$36.0\n\n($97.1)\n\n$67.5\n\n$166.0\n\n$65.7\n\n$49.6\n\n$62.3\n\n$575.8\n\n\n4c Total trade expense\n$55.6\n\n$89.4\n\n$80.5\n\n$141.3\n\n$145.8\n\n$111.4\n\n$122.0\n\n$136.3\n\n$224.6\n\n$132.3\n\n$140.3\n\n$113.8\n\n$1,493.1\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\nTrade expense as percentage of trade money\n\n\n\n\n4c/2c\n0.024%\n\n0.034%\n\n0.028%\n\n0.043%\n\n0.045%\n\n0.033%\n\n0.041%\n\n0.036%\n\n0.061%\n\n0.043%\n\n0.037%\n\n0.028%\n\n0.038%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n#5 - Trade expense categories\n\n\n\n\n5a Total commissions & fees\n$21.8\n\n$23.4\n\n$23.7\n\n$29.2\n\n$28.8\n\n$36.1\n\n$30.4\n\n$37.1\n\n$38.1\n\n$33.2\n\n$41.9\n\n$43.5\n\n$387.2\n\n\n5b Execution cost (4c-5a)\n$33.7\n\n$66.0\n\n$56.7\n\n$112.1\n\n$117.0\n\n$75.4\n\n$91.6\n\n$99.2\n\n$186.5\n\n$99.1\n\n$98.4\n\n$70.3\n\n$1,106.0\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n#6 - Trade expense categories as percentage of trade money\n\n\n\n\nTotal commissions & fees (5a/2c)\n0.009%\n\n0.009%\n\n0.009%\n\n0.009%\n\n0.009%\n\n0.011%\n\n0.010%\n\n0.010%\n\n0.010%\n\n0.011%\n\n0.011%\n\n0.011%\n\n0.010%\n\n\nExecution cost (5b/2c)\n0.015%\n\n0.025%\n\n0.019%\n\n0.034%\n\n0.036%\n\n0.022%\n\n0.031%\n\n0.026%\n\n0.051%\n\n0.032%\n\n0.026%\n\n0.017%\n\n0.028%\n\n\nNet Expense to IB Clients\n0.024%\n\n0.034%\n\n0.028%\n\n0.043%\n\n0.045%\n\n0.033%\n\n0.041%\n\n0.036%\n\n0.061%\n\n0.043%\n\n0.037%\n\n0.028%\n\n0.038%\n\n\n\nThe above illustrates that the rolling twelve months’ average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 3.8 basis points.\nNote 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period.\nNote 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.\nNote 3: Total accounts at November 30th are adjusted downward by 9.1K accounts for accounts that were opened over the previous two years for administrative purposes for sanctioned securities and are not tradeable.\nNote 4: Commissionable Order – a customer order that generates commissions.\nNote 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.\nNote 6: Trade money is the total amount of money clients spent or received, including all commissions and fees.\nNote 7: Consistent with the clients’ trading activity, the computed VWAP benchmark includes extended trading hours.\n_________________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.\nAbout Interactive Brokers Group, Inc.:Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, and foreign exchange 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.\nCautionary 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.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20241202545445/en/\nContacts\nContacts for Interactive Brokers Group, Inc.: media@ibkr.com.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2488996571"}