Why Interactive Brokers Stock Ticked up Today
In March, investors active throughout the American capital markets continued to trade robustly. Happily for Interactive Brokers Group (NASDAQ: IBKR), many were routing their trades through the company. Interactive unveiled its regular monthly set of operational metrics on Wednesday, and they sparked enough market optimism to nudge the company's stock to a slightly over 1% gain.
In March, Interactive's daily average revenue trades (DARTs, an important indicator for brokerages) jumped 25% year over year to slightly more than 4.3 million. Compared to February, the financial company's total was down, although not by much, with a 1% slump.
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Source Fool.com
