Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just reported its operating metrics for May 2024.
The brokerage registered 2.360 million Daily Average Revenue Trades (DARTs) in May 2024, 27% higher than in May 2023 and 1% higher than in April 2024.
Ending client equity was $486.3 billion in May 2024, 41% higher than prior year and 6% higher than prior month, whereas ending client margin loan balances amounted to $53.1 billion, 33% higher than prior year and 5% higher than prior month.
The number of client accounts reached 2.86 million in May 2024, 27% higher…
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