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Interactive Brokers Group Metrics for February 2023; DARTs Rise 7%

As per the brokerage highlights, February 2023 has shown a dip in its DARTs (Daily Average Revenue Trades), which have been noted at 2.121 million. The record shows an overall decrease in DARTs of 15% compared to February 2022, but the numbers also came with a positive side as they are 7% higher than the previous month.

On the other hand, Ending client equity has reached $331.6 billion, i.e., a fall of 5% compared to the previous year and 2% compared to the previous month. While looking at the Ending client margin loan, which is $39.1 billion, there is a drop-down of 21% from the prior year and 1% from the prior month.

Interactive Brokers made a turnaround in their Ending client credit balances of 97.9 billion dollars, scoring a 10% yearly hike along with $2.5 billion in insured bank deposit sweeps2, but a 2% decrease from the prior month, reaching $2.5 billion dollars. 

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