Interactive Brokers Reports Brokerage Metrics And Other Financial Information For May 2024; 2.360M Daily Average Revenue Trades, 27% Higher Than Prior Year And 1% Higher Than Prior Month
Portfolio Pulse from Benzinga Newsdesk
Interactive Brokers Group, Inc. (NASDAQ:IBKR) reported its May 2024 brokerage metrics, showing significant growth in key areas such as Daily Average Revenue Trades (DARTs), client equity, margin loan balances, and client accounts compared to the prior year and month.
June 03, 2024 | 4:44 pm
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Interactive Brokers reported strong performance metrics for May 2024, with significant year-over-year and month-over-month growth in DARTs, client equity, margin loan balances, and client accounts. This indicates robust business growth and could positively impact the stock price in the short term.
The reported metrics show significant growth in key performance indicators, suggesting strong business performance. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
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