Interactive Brokers Reports 4% Year-over-Year Decline in October Average Daily Revenue Trades
Interactive Brokers (IBKR) reported mixed performance metrics for October. The company's daily average revenue trades saw a 4% decrease compared to the same period last year, though this represents a 5% month-over-month increase, reaching 4.306 million trades. Client equity levels showed significant annual growth, ending at $928.6 billion, which is up 19% from the previous year. However, client equity also experienced a slight contraction of 4% compared to the prior month.
Tickers: $IBKR
Topics: client equity revenue metrics trading volume
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