Highlights for the month included:
|Cleared Customer Order||Order Size|
|Equity Options||10.0 contracts|
|Futures include options on futures. We estimate exchange, clearing and regulatory fees to be 57% of the futures commissions.|
In the interest of transparency, and to quantify our clients’ all-in cost of trade execution, from now on we will be publishing the below statistics as part of our monthly metrics.
For the full multimedia release with graph see link.
|Interactive Brokers Customers' Reg.-NMS Stock Trading Expense Detail|
|All amounts are in millions, except %|
|#1a - Number of orders|
|#1b - Number of shares purchased or sold|
|#2 - Trade money including price, commissions and fees|
|2a Buy money|
|2b Sell money|
|#3 - Trade value at Daily VWAP|
|3a Buy value|
|3b Sell value|
|#4 - Total trade expense, including commissions and fees, relative to Daily VWAP|
|4a Buys (2a-3a)|
|4b Sells (3b-2b)||
|4c Total trade expense||
|Trade expense as percentage of trade money|
|#5 - Trade expense categories|
|5a Total commissions & fees|
|5b Execution cost (4c-5a)||
|#6 - Trade expense categories as percentage of trade money|
|Total commissions & fees (5a/2c)||0.010%||0.011%||0.013%||0.010%||0.010%||0.011%||0.011%||0.011%|
|Execution cost (5b/2c)||-0.002%||0.004%||-0.009%||-0.012%||0.001%||0.001%||0.002%||-0.003%|
|Net Expense to IB Customers||0.008%||0.015%||0.004%||-0.002%||0.011%||0.012%||0.013%||0.008%|
The above illustrates that the YTD average all-in cost of a customer U.S. Reg.-NMS stock trade was 0.8 basis points.
More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company’s corporate web site, www.interactivebrokers.com/ir.
Cautionary Note Regarding Forward-Looking Statements:
The foregoing information contains certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the company's financial results may be found in the company's filings with the