February was a good month for Interactive Brokers Group (Nasdaq: IBKR), as the electronic brokerage firm reported a 48% year-over-year increase in Daily Average Revenue Trades (DARTs), reaching 3.617 million.

The company's client base and margin loan balances also posted solid growth. DARTs climbed 4% from January, showing continued momentum. Client accounts totaled 3.54 million, marking a 32% increase from the prior year and a 3% rise from the previous month.

Trading Activity and Client Growth

Despite this growth, client equity dipped 1% month-over-month to $587.8 billion, though it remained 31% higher than the same period last year. These figures suggest that clients remain active in leveraging their accounts for trading while maintaining substantial cash holdings.

The firm's client margin loan balances reached $63.3 billion, a 34% jump from February 2024 but a 2% decline compared to January. Meanwhile, credit balances, including insured bank deposit sweeps, stood at $123.8 billion, up 20% year-over-year and 3% higher than the previous month.

Interactive Brokers continues to emphasize cost efficiency for its clients. The average commission per cleared commissionable order was $2.80, inclusive of exchange, clearing, and regulatory fees.

Other Key Metrics

Additionally, IBKR PRO clients’ total cost of executing and clearing U.S. Reg-NMS stocks stood at approximately 3.1 basis points of trade money for February, with a rolling twelve-month average of 4.0 basis points.

With strong year-over-year growth in key trading and client metrics, Interactive Brokers continues to expand its reach. While client equity and margin loan balances showed slight monthly declines, there was an overall increase in trading volumes and client accounts.

IB’s January metrics also saw a substantial boost amid an expanding client base and trading activity. The platform registered 3.473 million DARTs, a notable 58% rise compared to January 2024. This figure also represents a 6% month-over-month increase.

Source: Finance Magnates