Interactive Brokers Reports 27% Increase in Daily Average Revenue Trades for May
Interactive Brokers reported mixed results for its brokerage activity in May. Trading volumes held steady compared to April, but clients’ assets experienced a significant increase. Daily Average Revenue Trades (DARTs), a key metric for brokerage activity, remained flat at 2.36 million compared to April but up 27% YoY. More importantly, client assets under management surged…