Interactive Brokers started trading overnight for just one month。The move aims to encourage Asian investors to trade US ETFs。
Following this decision, many expect changes in the company's financial position and revenues。Every stakeholder is paying close attention to the December 2022 metrics that the company has just released。
According to the report, Interactive Brokerage Group noted 1.75 million DARTs (average daily income transactions) in December.。The figure is down 21% from 2021 and 10% from November.。As surprising as this is, the numbers still attract users looking for reviews from interactive brokers。
On top of that, the e-broker reported $306.7 billion in client equity.。This is down 18% from 2021 and 3% from November 2022.。
The report sets customer margin loan balances at $39 billion, down 29% from 2021.。Similarly, this figure is 1% lower than the November 2022 figure.。
With these numbers alone, Interactive Brokers is one of Canada's top forex brokers。But the broker's reliable service has made it a household name in the region.。
That's why it was able to get 2 million customer accounts, 25% more than it accumulated in 2021.。Again, this figure is 1% higher than in November 2022.。
In addition, the broker reported 189 annual settlement day average revenue trades per account.。This results in an average commission of 3 per order.$17, including settlement, regulatory and exchange fees。
On the other hand, the value of Interactive Brokers' GLOBAL has reportedly grown by 0.51%。However, before the end of the year, the number dropped by 1..85%。