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Why Interactive Brokers Group’s Daily Average Revenue Trades Fell

Raymond Anderson
Why Interactive Brokers Group’s Daily Average Revenue Trades Fell

In the second quarter, Interactive Broker Group (IBKR) is expected to witness a drop in its commission revenues sequentially due to a fall in its DARTs (daily average revenue trades). In May, Interactive Broker Group saw 780,000 DARTs—a fall of 4% month-over-month and a rise of 16% YoY (year-over-year). In April, Interactive Brokers Group reported 812,000 DARTs. E*TRADE (ETFC) reported 249,939 DARTs in April.