As market participation remains elevated, Interactive Brokers posted another strong performance in June, with client trading volume, equity, and account growth all moving sharply higher.

The platform posted 3.448 million daily average revenue trades (DARTs) in June, up 40% compared to the same month in 2024 and 2% higher than May. Since January, Interactive Brokers has recorded year-over-year growth in the daily average revenue trades.

Trading Volume Climbs 40% from Last Year

Notably, the firm’s client base also continued to expand. The number of active accounts rose to 3.866 million, a 32% increase year over year and 2% above the prior month. On an annualized basis, the average client generated 195 cleared DARTs.

Client Equity, Margin, and Credit Balances See Double-Digit Growth. Total client equity at the end of June stood at $664.6 billion, a 34% jump over the past year.

Client margin loan balances reached $65.1 billion, rising 18% year-over-year, while client credit balances climbed to $143.7 billion, including $5.8 billion in insured bank deposit sweeps.

These increases reflect a broader trend of clients deploying more capital while maintaining ample liquidity. Both margin and credit balances rose 6% and 7%, respectively, from May levels.

Cost Metrics and Trade Execution Transparency

In June, the average commission per cleared commissionable order was $2.54, inclusive of exchange, clearing, and regulatory fees. By asset class, stock trades averaged 941 shares at $1.86 per order, equity options averaged 6.1 contracts at $3.59, and futures averaged 2.9 contracts at $4.04.

The company also disclosed execution cost data for its IBKR PRO clients. For U.S. Reg NMS stock trades, the average order size was $20,123, and the total execution and clearing cost came to 2.6 basis points of trade value in June. Over the past 12 months, the average cost was 3.6 basis points versus VWAP benchmarks.

Interactive Brokers posted a small mark-to-market gain of $324,000 on its U.S. government securities portfolio in the second quarter. The firm’s proprietary GLOBAL investment portfolio, denominated in U.S. dollars, gained 0.61% in June and is up 2.38% year-to-date.

Expect ongoing updates as this story evolves.

This article was written by Jared Kirui at www.financemagnates.com.Retail FXRead More

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