Interactive Brokers Group Reports Strong Performance in September

Interactive Brokers Group, Inc. (NASDAQ:IBKR), a leading global electronic broker, has announced its monthly performance metrics for September. The company continues to deliver impressive results, highlighting its commitment to providing exceptional service to its clients.

One of the key highlights of the report is the average commission per cleared commissionable order, which stood at $4.34. This figure demonstrates the company’s ability to generate revenue while maintaining competitive pricing for its clients. Additionally, Interactive Brokers Group estimates that exchange, clearing, and regulatory fees account for 56% of the futures commissions.

The report also provides transparency regarding the all-in cost of trade execution for IBKR PRO clients. The rolling twelve months’ average all-in cost of a U.S. Reg.-NMS stock trade was 2.4 basis points, further emphasizing the company’s commitment to offering cost-effective solutions.

Interactive Brokers Group affiliates provide automated trade execution and custody services across various markets globally. The company’s focus on technology and automation has enabled it to offer a unified platform that caters to individual investors, hedge funds, proprietary trading groups, financial advisors, and introducing brokers.

With a strong emphasis on advantageous execution prices, risk management tools, research facilities, and low or no-cost investment products, Interactive Brokers Group positions its clients to achieve superior returns on their investments. This commitment to excellence has been recognized by Barron’s, which ranked Interactive Brokers #1 with 5 out of 5 stars in its Best Online Brokers Review for the sixth consecutive year.

While the company acknowledges the risks and uncertainties in its forward-looking statements, Interactive Brokers Group remains focused on delivering exceptional financial performance and maintaining its position as a leader in the industry.

For more information on Interactive Brokers Group’s monthly metrics and historical results, please visit the investor relations page on the company’s corporate website.