Interactive Brokers DARTs Up 5% MoM, Down 19% Y/Y

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Interactive Brokers ($NASDAQ:IBKR) Group, Inc. (IBKR) is an online broker known for providing comprehensive trading and investing services to clients across the globe.

However, the figure was still down 19% compared to the same month last year. The drop in DARTs was likely due to a number of factors, including the uncertainty caused by the ongoing coronavirus pandemic, which has had a significant impact on the global markets. Despite this, Interactive Brokers’ overall revenues have remained relatively stable thanks to its diversified business model. The company also continues to be well-positioned to capitalize on long-term opportunities offered by retail and institutional traders, as well as the effectiveness of its advanced trading technology. Going forward, Interactive Brokers’ long-term outlook is positive. Its commitment to offering a comprehensive range of products and services, combined with its ability to quickly adjust to changes in the markets, should help it remain a top broker for both individual and institutional traders alike.

Analysis

As GoodWhale, we performed an analysis concerning the fundamentals of INTERACTIVE BROKERS. According to our findings, INTERACTIVE BROKERS has a high health score of 8/10 considering its cash flows and debt. This means we can conclude that the company is capable of paying off debt and funding future operations. Furthermore, the company is strong in dividend growth, and medium in asset and profitability. We classified the company as ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who are looking for high growth potential might be interested in INTERACTIVE BROKERS. However, due to its lower profitability and lower stability, they should also weigh the risks before investing in the company. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Interactive Brokers. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Interactive Brokers. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Interactive Brokers. More…

Key Ratios Snapshot

Some of the financial key ratios for Interactive Brokers are shown below. More…

Peers

Interactive Brokers Group Inc is one of the world’s largest online brokers. They offer direct access to interbank markets and liquidity providers. They operate in over 120 markets in 33 countries and hold over $145 billion in client assets. They are a publicly traded company on the NASDAQ with a market capitalization of over $26 billion.

Excalibur Global Financial Holdings Ltd is a privately held global investment firm that specializes in providing innovative investment solutions to institutional and high net worth investors. They have a team of over 200 professionals located in offices around the world.

Monex Group Inc is a Japanese online broker that offers FX, CFD, and securities trading services. They are one of the largest online brokers in Japan with over 200,000 active accounts. They are listed on the Tokyo Stock Exchange with a market capitalization of over $4 billion.

China Strategic Holdings Ltd is a Hong Kong-based investment holding company. They are engaged in the businesses of securities and futures brokerage, money lending, and property development. They are one of the largest securities firms in Hong Kong with over 200 branches.

– Excalibur Global Financial Holdings Ltd ($SEHK:08350)

Excalibur Global Financial Holdings Ltd is a holding company that operates in the financial services sector. The company has a market cap of 104M as of 2022 and a Return on Equity of -120.35%. The company operates in two segments: banking and insurance. The company’s banking segment offers banking products and services to individuals and businesses. The company’s insurance segment offers insurance products and services to individuals, businesses, and government entities.

– Monex Group Inc ($TSE:8698)

Monex Group Inc is a Japanese financial services company that offers online trading services for forex, CFDs, and precious metals. The company has a market cap of 130.2 billion as of March 2021 and a return on equity of 9.7%. Monex Group is one of the leading online trading providers in Japan and has a strong presence in the global online trading market. The company’s services are available in over 120 countries and it has a customer base of over 1 million clients. Monex Group is a publicly traded company listed on the Tokyo Stock Exchange.

– China Strategic Holdings Ltd ($SEHK:00235)

China Strategic Holdings Ltd is a conglomerate with interests in property development, hospitality, and investment. The company has a market capitalization of 489.25M as of 2022 and a Return on Equity of -102.94%. The company’s property development portfolio includes residential, commercial, and industrial projects. The company’s hospitality portfolio comprises hotels, serviced apartments, and restaurants. The company’s investment portfolio includes equity investments and fixed income securities.

Summary

Interactive Brokers is a leading online broker providing a wide range of trading services to investors. They offer a variety of investment options including stocks, options, futures, forex, and mutual funds. Recently, their daily average revenue trades (DARTs) increased 5% from the prior month, but decreased 19% from the same time last year.

Analysts attribute this decline to unfavorable market conditions as well as competition in the industry. Investors should monitor developments in the regulation of online brokers and shifts in consumer preference when considering their investments with Interactive Brokers.