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Interactive Brokers’ client base surges past 2.5 million
Interactive Brokers LLC (NASDAQ:IBKR) saw 1.89 million daily average revenue trades, or DARTS, in November 2023 compared to 1.93 million transactions in the prior month. The figure is three percent lower on a yearly basis, and also dropped slightly from a month earlier. In terms of equity balance in customers’ accounts during November 2023, the figure totaled $404.3 billion, higher by 27 percent on a yearly basis. Interactive Brokers also managed to beat its October equivalent, having notched a 10 percent increase relative to $367 billion the prior month. Elsewhere, the discount brokerage has won more than 42,000 ... (full story)