Interactive Brokers Nears $1 Trillion Client Equity in May as Trading Activity Jumps 47%

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Interactive Brokersreported higher trading activity and continued growth in client assets andaccount numbers in May, according to its latest monthly operating metrics.The electronicbrokerage said Daily Average Revenue Trades reached 4.969 million during themonth. The figure was 47% higher than in May last year and 17% above April'slevel.Credit Balances Rise Alongside ClientEquityClient equity rose to$937.3 billion at the end of May. This represented a 49% increase from a yearearlier and an 8% gain from the previous month. The total client asset balanceis approaching the $1 trillion mark.Margin lending alsoincreased. Interactive Brokers reported ending client margin loan balances of$100.9 billion, up 65% year-over-year and 11% higher than at the end of April.Client credit balancesreached $180.1 billion. The total included $6.4 billion held in insured bankdeposit sweep programs. Credit balances increased 34% compared with the samemonth last year and were 3% higher than the previous month.Margin Loans Lead Growth Across MetricsThe broker continuedto expand its client base. It ended May with 4.995 million client accounts, a32% increase from a year ago and 3% higher than in April.Interactive Brokersalso reported 216 annualized average cleared DARTs per client account. Averagecommission per cleared commissionable order was $2.60, including exchange,clearing, and regulatory fees.The latest figurescontinue a trend of growth for the brokerage. Trading volumes, client assets,margin balances, and account numbers all recorded double-digit annual increasesduring the month.Among the reportedmetrics, margin loan balances posted the fastest year-over-year growth, rising65%. Client equity followed with a 49% increase, while DARTs rose 47%. Clientcredit balances and account numbers increased 34% and 32%, respectively.IBKR Adds Claude for Client TradingThe firm also integratedaccess to Anthropic’s Claude through its certified connector marketplace,allowing clients to connect existing accounts using standard login credentialsto research markets, review portfolios and generate trade instructions.No additional account or funding isrequired. AI-generated instructions are routed to a review tab and are executedonly after client approval. Trading currently covers stocks and ETFs.This article was written by Tareq Sikder at www.financemagnates.com.