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Interactive Brokers Posts Lower Daily Average Revenue Trades in September

MT Newswires ·  10/04 01:28

01:27 PM EDT, 10/03/2022 (MT Newswires) -- Interactive Brokers Group (IBKR) on Monday reported daily average revenue trades of around 2 million for the month of September, down 13% from a year ago and approximately even from August.

Ending client equity was $287.1 billion, down 19% from a year ago and down 7% from August. Ending client margin loan balances were also down 19% from last year and down 6% from the prior month, the company said.

The electronic broker also reported 31% more client accounts for September as compared with last year, and 1% more from August.

Shares of the company declined 1.2% in recent trading activity on Monday afternoon.

Price: 63.12, Change: -0.79, Percent Change: -1.24

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