Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for June 2018, includes Reg.-NMS Execution Statistics

GREENWICH, CT, July 2, 2018-Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for June.

Brokerage highlights for the month included:

  • 799 thousand Daily Average Revenue Trades (DARTs), 17% higher than prior year and 2% higher than prior month.

  • Ending client equity of $134.7 billion, 29% higher than prior year and about even with prior month.

  • Ending client margin loan balances of $28.8 billion, 27% higher than prior year and 7% lower than prior month.

  • Ending client credit balances of $47.6 billion, 4% higher than prior year and 2% higher than prior month.

  • 542 thousand client accounts, 27% higher than prior year and 2% higher than prior month.

  • 343 annualized average cleared DARTs per client account.

  • Average commission per cleared client order of $3.84 including exchange, clearing and regulatory fees. Key products:

    June 2018

    Average Commission per

    Ave rage

    Cleared Client Order

    Order Size

    Stocks

    $2.38

    2,005 shares

    Equity Options

    $5.23

    7.9 contracts

    Futures

    $6.58

    3.6 contracts

    Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 57% of the futures commissions.

Other financial information for Interactive Brokers Group:

  • GLOBAL1: The value of the GLOBAL, reported in U.S. dollars, decreased by 0.25% in June. Year to date, the value of the GLOBAL decreased 0.69%.

  • Mark to market on U.S. government securities portfolio2was a gain of $0.2 million year to date.

In the interest of transparency, wequantify our clients'all-in cost of trade execution below.

  • In June, clients' total cost of executing and clearing U.S.Reg.-NMS stocks through IB was 1.9 basis points of trade money3, as measured against a daily VWAP4benchmark (1 basis point for the rolling twelve months).

The above illustrates that the rolling twelve months'average all-in cost of a client U.S. Reg.-NMS stock trade was 1 basis point.

_________________

Note 1:In connection with our currency diversification strategy, we have determined to base our net worth in GLOBALs, a basket of 14 major currencies in which we hold our equity. The total effect of the currency diversification strategy is reported in Comprehensive Income; the components are reported in (1)Other Income in the corporate segment and (2) Other Comprehensive Income ("OCI") on the balance sheet.The effect of the GLOBAL on our comprehensive income can be estimated by multiplying the total equity for the period by the change in the U.S. dollar value of the GLOBAL during the same period.

Note 2:Mark to market gains and losses on investments in U.S. government securities and associated hedges are included in Other Income. In the general course of business, we hold these investments to maturity. As a result, accumulated mark to market gains or losses should converge to zero at maturity. Accounting conventions require broker-dealers, unlike banks, to mark all investments to market.

Note 3:Trade money is the total amount of money clients spent or received, including all commissions and fees.

Note 4:Consistent with the clients' trading activity, the computed VWAP benchmark includes extended trading hours.

_________________

More information, including historical results for each of the above metrics, can be found on the investor relations pageof the Company's corporate web site,www.interactivebrokers.com/ir.

About Interactive Brokers Group, Inc.:Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 120 markets in numerous countries and currencies, from a single IB Universal Account®to clients worldwide. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Focusing on technology and automation for over 41 years has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios

at the lowest cost. Due to our range of services, low costs and technology, IBKR is ranked the "Top Online Broker", according to Barron's Best Online Brokers review, March 24, 2018. We strive to provide our clients with advantageous

execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low prices, positioning them to achieve superior returns on investments.

Cautionary Note Regarding Forward-Looking Statements:

The foregoing information contains certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.

For Interactive Brokers Group, Inc. Investors:Nancy Stuebe, 203-618-4070 orMedia:Kalen Holliday, 203-913-1369.

Attachments

  • Original document
  • Permalink

Disclaimer

Interactive Brokers Group Inc. published this content on 02 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 July 2018 09:28:08 UTC