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Interactive Brokers registers 19% M/M drop in daily trades in March 2021
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just reported its key operating metrics for March 2021, with subsiding market volatility apparently having an effect on trading activity. Interactive Brokers registered 2,998,000 Daily Average Revenue Trades (DARTs) in March 2021, 53% higher than in March 2020 and 19% lower than in February 2021. Let’s note that the month-on-month drop is not surprising given that the start of February was marked by extremely high market volatility that led to record trading volumes. Ending client equity amounted to $330.6 billion in March 2021, 106% higher ... (full story)