Interactive Brokers Group Reports Brokerage Metrics And Other Financial Information For May 2023, Includes Reg.-NMS Execution Statistics; 1.860M Daily Average Revenue Trades, 19% Lower Than Prior Year And 5% Higher Than Prior Month.
Portfolio Pulse from Happy Mohamed
Interactive Brokers Group (NASDAQ: IBKR) reported its Electronic Brokerage monthly performance metrics for May 2023, with 1.860 million Daily Average Revenue Trades (DARTs), 19% lower than the prior year but 5% higher than the prior month. Client equity reached $345.1 billion, a 10% increase YoY and 1% increase MoM.
June 01, 2023 | 4:55 pm
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Interactive Brokers Group reported mixed results for May 2023, with 1.860 million DARTs (19% lower YoY, 5% higher MoM) and $345.1 billion client equity (10% higher YoY, 1% higher MoM).
Interactive Brokers Group reported mixed results for May 2023, with a decrease in DARTs compared to the prior year but an increase compared to the prior month. Client equity showed growth both YoY and MoM. These mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100