Interactive Brokers Group Reports Brokerage Metrics for July 2010
GREENWICH, Conn.--([ BUSINESS WIRE ])--Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic market maker and broker, today reported its Electronic Brokerage monthly performance metrics for July.
Highlights for the month included:
- 147 thousand customer accounts, 19% higher than prior year.
- 366 thousand Daily Average Revenue Trades (DARTs), 13% higher than prior year and 5% lower than prior month.
- Ending customer equity of $17.5 billion, 45% higher than prior year and 7% higher than prior month.
- Ending customer credit balances of $12.0 billion and customer margin loan balances of $4.5 billion.
- 564 annualized average cleared DARTs per customer account.
More information, including historical results for each of the above metrics, can be found on the investor relations page of the Companya™s corporate web site, [ www.interactivebrokers.com/ir ].
About Interactive Brokers Group, Inc.:
Interactive Brokers Group, Inc., together with its subsidiaries, is an automated global electronic market maker and broker specializing in routing orders and executing and processing trades in securities, futures and foreign exchange instruments on more than 80 electronic exchanges and trading venues around the world. As a market maker, we provide liquidity at these marketplaces and, as a broker, we provide professional traders and investors with electronic access to stocks, options, futures, forex, bonds and mutual funds from a single IB Universal AccountSM. Employing proprietary software on a global communications network, Interactive Brokers Group continuously integrates its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.
Cautionary Note Regarding Forward-Looking Statements:
The foregoing information contains certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.