Interflow Securities (IBKR) customer base jumped 19% to 2.29 million in one year
Interactive Brokers Group (NASDAQ: IBKR), an automated global e-brokerage firm, released its monthly results for June, reflecting strong growth in its e-brokerage business.。
Interactive Brokers Group (NASDAQ: IBKR), a globally automated e-brokerage firm, has released its June monthly performance indicator, reflecting strong growth in its e-brokerage business.。The report shows that end-customer equity rose 24% compared to the same period last year, up 6% from the previous month.。
Key indicators in June included average daily income transactions (DARTs), end-customer margin loan balances, end-customer credit balances and total customer accounts.。Each metric presents a promising trend, indicating strong customer engagement and the platform is financially sound。
Average daily revenue trading (DARTs) up 5% on month, but declined year-on-year3%。End-customer equity metrics reached $365 billion, up from both the previous month and the same period last year.。
End-customer margin loan balances fell year-on-year2% to $41.9 billion, but increased month-on-month5%。At the same time, end-customer credit balances increased 7 per cent year-on-year to $98.9 billion.。
IBKR also reported a month-on-month increase in customer numbers。Total customer accounts reached 2.29 million, up 19% YoY and 1% QoQ。
In terms of cost, throughInteractive Brokers performs and liquidates U.S. National Market System (NMS) shares for approximately 3% of the transaction amount..4 basis points。The average total cost of Interactive Brokers PRO customers in US regional NMS stock trading over the past year was 2.2 basis points。
However, not all data in the report is positive。Right.Market-to-market adjustments to Interactive Brokers' U.S. government portfolio resulted in a $1.6 million loss for the quarter ended June。
Interactive Brokers "expansion efforts in Europe and Asia underscore the company's commitment to expanding its services and strengthening its global market presence.。
The U.S.-based electronic trading platform has gained prominence among Taiwan's leading trading firms asMajor international brokers at Sinopac Securities。Sinopac offers a wide range of trading options for retail and institutional clients。
At the same time,Interactive Brokers is expanding the digital asset space。The company has expanded its cryptocurrency services in Asia, particularly by launching them in Hong Kong in response to increased customer demand.。
In recent initiatives to broaden its global reach,Interactive Brokers plans to increase the number of markets it covers。The e-brokerage firm intends to offer clients the opportunity to trade on two new European exchanges, the Nasdaq Copenhagen Exchange (CPH) and the Prague Stock Exchange (PSE).。This extension also includes split trading of eligible Nasdaq Copenhagen Exchange shares。
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