Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for November 2021, includes Reg.-NMS Execution Statistics
01 Dicembre 2021 - 06:29PM
Business Wire
Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated
global electronic broker, today reported its Electronic Brokerage
monthly performance metrics for November.
Brokerage highlights for the month included:
- 2.793 million Daily Average Revenue Trades (DARTs)1, 22% higher
than prior year and 21% higher than prior month.
- Ending client equity of $373.6 billion, 39% higher than prior
year and 2% lower than prior month.
- Ending client margin loan balances of $54.4 billion, 65% higher
than prior year and 1% higher than prior month.
- Ending client credit balances of $87.3 billion, including $2.3
billion in insured bank deposit sweeps2, 16% higher than prior year
and about even with prior month.
- 1.64 million client accounts, 58% higher than prior year and 3%
higher than prior month.
- 387 annualized average cleared DARTs1 per client account.
- Average commission per cleared Commissionable Order3 of $2.27
including exchange, clearing and regulatory fees. Key
products:
November 2021 Average Commission per Average
Cleared Commissionable Order Order Size Stocks
$1.62
1,204 shares Equity Options
$3.10
6.3 contracts Futures
$4.41
3.1 contracts
Futures include options on futures. We estimate exchange,
clearing and regulatory fees to be 56% of the futures
commissions.
Other financial information for Interactive Brokers
Group:
- GLOBAL4: The value of the GLOBAL, reported in U.S. dollars,
decreased by 0.36% in November.
In the interest of transparency, we quantify our IBKR PRO
clients’ all-in cost of trade execution below.
For the full multimedia release with graph see link:
https://www.interactivebrokers.com/MonthlyMetrics
- In November, IBKR PRO clients’ total cost of executing and
clearing U.S. Reg.-NMS stocks through IB was about 4.1 basis points
of trade money5, as measured against a daily VWAP6 benchmark (3.7
basis points net cost for the rolling twelve months).
IBKR PRO Clients' Reg.-NMS Stock Trading Expense Detail
All amounts are in millions, except %
Previous Dec '20 Jan
'21 Feb '21
Mar '21
Apr '21 May '21 Jun
'21 July '21
Aug '21
Sep '21 Oct '21 Nov
'21 12 Months
#1a - Number of orders Buys
11.49
15.46
18.42
16.82
10.52
10.04
12.60
10.98
9.98
9.55
9.52
11.57
146.95
Sells
8.25
11.33
13.19
12.34
7.67
7.50
10.00
8.10
7.61
6.99
7.08
8.52
108.58
Total
19.74
26.79
31.61
29.16
18.19
17.54
22.60
19.08
17.59
16.54
16.60
20.09
255.53
#1b - Number of shares
purchased or sold Shares bought
4,166
5,907
6,417
5,327
3,267
3,325
4,261
3,785
3,263
3,412
3,595
3,764
50,491
Shares sold
3,824
5,488
6,052
5,163
3,072
3,265
4,157
3,608
3,202
3,300
3,390
3,667
48,187
Total
7,990
11,395
12,469
10,491
6,339
6,590
8,418
7,393
6,465
6,713
6,984
7,432
98,678
#2 - Trade money including
price, commissions and fees 2a Buy money
$136,858
$161,779
$171,280
$189,334
$129,198
$128,083
$140,218
$135,106
$127,454
$125,954
$133,647
$160,251
$1,739,160
2b Sell money
$130,548
$156,739
$167,064
$185,529
$124,045
$125,904
$139,592
$133,527
$125,694
$124,808
$128,438
$158,604
$1,700,494
2c Total
$267,406
$318,518
$338,344
$374,863
$253,243
$253,987
$279,810
$268,633
$253,148
$250,762
$262,085
$318,855
$3,439,654
#3 - Trade value at Daily
VWAP
3a Buy value
$136,867
$161,613
$171,092
$189,194
$129,131
$128,053
$140,148
$135,050
$127,439
$125,905
$133,631
$160,132
$1,738,254
3b Sell value
$130,658
$156,683
$167,032
$185,588
$124,030
$125,969
$139,648
$133,552
$125,747
$124,841
$128,515
$158,616
$1,700,877
3c Total
$267,524
$318,296
$338,124
$374,782
$253,160
$254,022
$279,795
$268,602
$253,186
$250,746
$262,146
$318,747
$3,439,131
#4 - Total trade expense,
including commissions and fees, relative to Daily VWAP
4a Buys (2a-3a)
($9.2)
$166.5
$187.9
$139.3
$67.1
$29.2
$69.9
$56.2
$15.1
$48.4
$15.8
$119.9
$906.0
4b Sells (3b-2b)
$109.1
($55.7)
($32.5)
$58.6
($15.9)
$64.1
$55.7
$25.0
$52.8
$32.4
$76.9
$11.9
$382.5
4c Total trade expense
$99.9
$110.8
$155.5
$197.8
$51.2
$93.3
$125.6
$81.2
$67.9
$80.8
$92.7
$131.8
$1,288.4
Trade expense as percentage
of trade money 4c/2c
0.037%
0.035%
0.046%
0.053%
0.020%
0.037%
0.045%
0.030%
0.027%
0.032%
0.035%
0.041%
0.037%
#5 - Trade expense
categories
5a Total commissions
& fees
$33.1
$45.8
$49.1
$41.4
$26.2
$27.0
$33.5
$28.7
$26.1
$27.1
$27.8
$31.4
$397.2
5b Execution cost (4c-5a)
$66.8
$64.9
$106.4
$156.4
$25.0
$66.4
$92.1
$52.5
$41.8
$53.7
$64.9
$100.5
$891.4
#6 - Trade expense categories
as percentage of trade money Total commissions &
fees (5a/2c)
0.012%
0.015%
0.015%
0.011%
0.010%
0.011%
0.012%
0.010%
0.010%
0.011%
0.010%
0.009%
0.011%
Execution cost (5b/2c)
0.025%
0.020%
0.031%
0.042%
0.010%
0.026%
0.033%
0.020%
0.017%
0.021%
0.025%
0.032%
0.026%
Net Expense to IB Clients
0.037%
0.035%
0.046%
0.053%
0.020%
0.037%
0.045%
0.030%
0.027%
0.032%
0.035%
0.041%
0.037%
The above illustrates that the rolling twelve months’ average
all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 3.7
basis points.
________________
Note 1: Daily Average Revenue Trades (DARTs) – customer
orders divided by the number of trading days in the period.
Note 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.
Note 3: Commissionable Order – a customer order that
generates commissions.
Note 4: 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.
Note 5: Trade money is the total amount of money clients
spent or received, including all commissions and fees.
Note 6: Consistent with the clients’ trading activity,
the computed VWAP benchmark includes extended trading hours.
_________________
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.
About 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 135 markets in numerous countries and currencies,
from a single IBKR Integrated Investment Account to clients
worldwide. We service 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. Barron’s ranked
Interactive Brokers #1 with 5 out of 5 stars in its February 26,
2021, Best Online Broker Review.
Cautionary 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211201005923/en/
Contacts for Interactive Brokers Group, Inc.: Rob
Garfield - media@ibkr.com
Grafico Azioni Interactive Brokers (NASDAQ:IBKR)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Interactive Brokers (NASDAQ:IBKR)
Storico
Da Mar 2023 a Mar 2024