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Big trading month for Interactive Brokers in August

  • The wild ride in August had at least the trading business booming at Interactive Brokers (NASDAQ:IBKR -3.6%), which reports DARTs are 737K, up 13% from July and a full 49% from one year ago.
  • Client equity and margin loans slipped from July though:
  • Ending client equity of $62.9B fell 4% M/M, and rose 13% Y/Y.
  • Ending client margin loan balances of $16.3B fell 10% M/M and 2% Y/Y.
  • Ending client credit balances of $35.6B gained 3% M/M and 21% Y/Y.
  • Average commission per cleared client order of $4.15.
  • Source: Press Release

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Interactive Brokers Group, Inc.