Interactive Brokers Client Equity Jumps 27% to $964.7…
By Abdelaziz Fathi
AI summary of the source article
Interactive Brokers reported 5.576 million client accounts and $964.7 billion in client equity at the end of September. Customer accounts increased 35% year over year and 2% from August, but trading activity softened sequentially, with Daily Average Revenue Trades falling 4% from August to 4.111 million. In contrast, balance-sheet metrics grew, as client margin loans rose 36% annually and 4% month over month to $105.2 billion, representing approximately 10.9% of client equity. Client credit balances also expanded 20% year over year to $186.2 billion, highlighting a revenue mix increasingly supported by margin lending ahead of third-quarter earnings.
Why it matters
The metrics show client margin borrowing growing faster than trading activity, reinforcing interest income as a key revenue driver even as per-account trading frequency moderates.
Key facts
- Client equity reached $964.7 billion across 5.576 million accounts at the end of September.
- Daily Average Revenue Trades reached 4.111 million, falling 4% from August despite a 6% annual rise.
- Client margin loans climbed 36% year over year and 4% month over month to $105.2 billion.