Interactive Brokers Reports July Daily Average Revenue Trades Up 38%
Portfolio Pulse from Benzinga Newsdesk
Interactive Brokers reported a 38% increase in July Daily Average Revenue Trades (DARTs), indicating strong trading activity and potential revenue growth.
August 01, 2024 | 5:25 pm
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Interactive Brokers reported a 38% increase in July Daily Average Revenue Trades (DARTs), which suggests strong trading activity and potential revenue growth for the company.
The significant increase in DARTs indicates higher trading volumes, which typically translates to higher revenue for brokerage firms. This positive performance metric is likely to boost investor confidence and drive the stock price up in the short term.
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