Stock Data
$1.81 (2.10%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
CAPITAL MARKETS
Interactive Brokers Group Inc, based in Greenwich, Connecticut, is a pioneering electronic brokerage firm. Founded in 1977, it facilitates the trading of a wide array of financial instruments including stocks, options, futures, foreign exchange, bonds, and cryptocurrencies. The firm is known for its automated trading platform, catering to both institutional and individual investors. It offers services such as trade execution, clearance, settlement, account custody, prime brokerage, and margin lending. Interactive Brokers stands out for its comprehensive offerings to a global clientele, aiming to streamline the investment process.
Interactive Brokers crushed expectations with a 0.69 EPS beat and 5.3% revenue outperformance, as margin loans exploded 67% to $96.6B and customer accounts swelled 34% to 5.19 million, exposing just how much money is still chasing speculative bets.
Interactive Brokers reports after the bell today with retail volumes and rate sensitivity under the microscope as commission-driven trading cools.
49 Articles
Our top personal finance-related articles today. Your wallet will thank you later.
