[ad_1]
Shares of Interactive Brokers Group Inc. IBKR,
rose 6.9% in afternoon trading on Monday, after the trade execution firm announced its January brokerage measures, which included a more than tripling of daily average income trades (DART ). The company, which serves traders including individual investors, hedge funds, proprietary trading groups and financial advisers, said January DARTs totaled 3,295, up 223% from the same period a year ago and 43% compared to December. Customer margin loan balances at the end of the month were $ 40.8 billion, up 49% from a year ago and 5% higher than at the end of December. The average order size in January was 2,326 stocks for stocks, 6.7 contracts for stock options and 2.8 contracts for futures. The average commission per cleared commissionable order was $ 2.44. The broker’s stock has risen 37.5% in the past three months, while the S&P 500 SPX,
gained 15.4%.
Source link
