Monday, April 6

Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for February 2026, includes Reg.-NMS Execution Statistics


GREENWICH, Conn., March 02, 2026–(BUSINESS WIRE)–Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for February.

Brokerage highlights for the month included:

  • 4.366 million Daily Average Revenue Trades (DARTs)1, 21% higher than prior year and 1% lower than prior month.

  • Ending client equity of $820.0 billion, 40% higher than prior year and 1% higher than prior month.

  • Ending client margin loan balances of $90.0 billion, 42% higher than prior year and 1% lower than prior month.

  • Ending client credit balances of $162.0 billion, including $6.2 billion in insured bank deposit sweeps2, 31% higher than prior year and about even with prior month.

  • 4.646 million client accounts, 31% higher than prior year and 2% higher than prior month.

  • 204 annualized average cleared DARTs1 per client account.

  • Average commission per cleared Commissionable Order3 of $2.61 including exchange, clearing and regulatory fees. Key products:

February 2026

Average

Average Commission per

Order Size

Cleared Commissionable Order

Stocks

749 shares

$1.95

Equity Options

6.5 contracts

$3.77

Futures

2.9 contracts

$4.04

Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 58% of the futures commissions.

Other financial information for Interactive Brokers Group:

In the interest of transparency, we quantify our IBKR PRO clients’ all-in cost of trade execution below.

For the full multimedia release with graph see link:

https://www.interactivebrokers.com/MonthlyMetrics

  • Average U.S. Reg-NMS stock trade was $24,009 in February (dividing 2c by 1a in table below).

  • In February, IBKR PRO clients’ total cost of executing and clearing U.S. Reg.-NMS stocks through IB was about 1.3 basis points of trade money5, as, measured against a daily VWAP6 benchmark (2.4 basis points net cost for the rolling twelve months).

IBKR PRO Clients’ Reg.-NMS Stock Trading Expense Detail

All amounts are in millions, except %

Previous

12 Months

Mar ’25

Apr ’25

May ’25

June ’25

July ’25

Aug ’25

Sep ’25

Oct ’25

Nov ’25

Dec ’25

Jan ’26

Feb ’26

#1a – Number of orders

Buys

12.19

13.79

12.15

12.36

13.94

13.28

14.80

19.06

13.73

11.92

15.26

13.79

166.27

Sells

8.71

10.16

9.49

9.57

10.51

9.75

11.09

14.10

9.80

8.74

10.84

9.77

122.53

Total

20.90

23.95

21.65

21.94

24.45

23.03

25.89

33.16

23.54

20.66

26.10

23.56

288.80

 

#1b – Number of shares purchased or sold

Shares bought

5,047

6,008

5,659

5,422

6,915

5,755

6,343

8,692

5,535

4,959

6,028

5,216

71,578

Shares sold

4,804

5,850

5,212

5,100

6,444

5,493

6,025

8,226

5,329

4,633

5,651

5,039

67,804

Total

9,851

11,858

10,871

10,522

13,358

11,247

12,368

16,918

10,864

9,592

11,679

10,254

139,382

 

#2 – Trade money including price, commissions and fees

2a Buy money

$216,767

$254,062

$222,977

$222,050

$242,089

$243,723

$269,595

$346,785

$269,238

$235,591

$288,332

$284,291

$3,095,500

2b Sell money

$218,670

$259,783

$219,486

$219,444

$237,255

$238,138

$263,885

$340,246

$266,447

$231,495

$280,262

$281,352

$3,056,464

2c Total

$435,437

$513,845

$442,463

$441,494

$479,345

$481,861

$533,479

$687,031

$535,685

$467,087

$568,594

$565,644

$6,151,964

 

#3 – Trade value at Daily VWAP

3a Buy value

$216,676

$254,052

$223,005

$222,033

$241,994

$243,696

$269,551

$346,696

$269,135

$235,484

$288,158

$284,342

$3,094,823

3b Sell value

$218,725

$259,985

$219,608

$219,540

$237,248

$238,200

$263,939

$340,324

$266,503

$231,527

$280,198

$281,478

$3,057,276

3c Total

$435,401

$514,038

$442,613

$441,573

$479,242

$481,896

$533,490

$687,020

$535,638

$467,010

$568,356

$565,820

$6,152,099

 

#4 – Total trade expense, including commissions and fees, relative to Daily VWAP

4a Buys (2a-3a)

$90.6

$9.6

($28.0)

$17.0

$95.3

$26.8

$43.3

$89.0

$102.5

$107.4

$174.5

($51.1)

$676.8

4b Sells (3b-2b)

$55.2

$202.8

$122.0

$96.5

($7.6)

$61.6

$54.2

$78.2

$56.1

$31.2

($63.7)

$125.6

$812.0

4c Total trade expense

$145.8

$212.4

$94.0

$113.5

$87.7

$88.3

$97.5

$167.2

$158.6

$138.6

$110.8

$74.5

$1,488.8

 

Trade expense as percentage of trade money

4c/2c

0.033%

0.041%

0.021%

0.026%

0.018%

0.018%

0.018%

0.024%

0.030%

0.030%

0.019%

0.013%

0.024%

 

#5 – Trade expense categories

5a Total commissions & fees

$45.7

$52.7

$44.5

$41.5

$51.4

$46.4

$51.0

$69.2

$46.1

$39.2

$48.4

$43.4

$579.5

5b Execution cost (4c-5a)

$100.0

$159.7

$49.5

$72.0

$36.3

$41.9

$46.5

$97.9

$112.5

$99.4

$62.4

$31.1

$909.2

 

#6 – Trade expense categories as percentage of trade money

Total commissions & fees (5a/2c)

0.010%

0.010%

0.010%

0.010%

0.010%

0.010%

0.010%

0.010%

0.009%

0.009%

0.009%

0.008%

0.009%

Execution cost (5b/2c)

0.023%

0.031%

0.011%

0.016%

0.008%

0.008%

0.008%

0.014%

0.021%

0.021%

0.010%

0.005%

0.015%

Net Expense to IB Clients

0.033%

0.041%

0.021%

0.026%

0.018%

0.018%

0.018%

0.024%

0.030%

0.030%

0.019%

0.013%

0.024%

The above illustrates that the rolling twelve months’ average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 2.4 basis points.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *