Interactive Brokers sees rise in July trading activity By Investing.com

Category: Finance

Interactive Brokers reported a 38% year-over-year increase in Daily Average Revenue Trades (DARTs) for July, reaching 2.756 million. Client equity rose to $509.5 billion, a 32% increase from last year. The company added 178,000 new accounts, totaling 3 million, and reported commissions of $406 million. The market capitalization stands at $49.94 billion with a P/E ratio of 18.6, indicating potential undervaluation. The firm has maintained dividend payments for 15 years and shows a six-month price total return of 31.63%.

Keywords: Interactive Brokers, trading activity, financial performance

Source: Investing.com

Update At: 8/3/2024

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