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Interactive Brokers Reports Higher Daily Average Revenue Trades for April

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Several key metrics ticked up for Interactive Brokers Group (NASDAQ: IBKR  ) in April. According to data released by the company, its daily average revenue trades -- considered a crucial measure in the industry -- grew by 17% on a year-over-year basis, and 7% over March, to land at roughly 480,000.

Also trending northward was the figure for customer equity at the end of the month, which stood at $36.4 billion. This was 25% higher than at the end of April 2012 and represented a 2% gain on a month-over-month basis.

Ending customer credit balances advanced to $22.6 billion, or 20% higher, than the year-ago figure. That amount was a 0.4% improvement over March's number.


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Eric Volkman
TMFVolkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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7/6/2015 3:59 PM
IBKR $45.32 Up +0.58 +1.30%
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