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Interactive Brokers Group, Inc. - IBKR STOCK NEWS

Welcome to our dedicated page for Interactive Brokers Group news (Ticker: IBKR), a resource for investors and traders seeking the latest updates and insights on Interactive Brokers Group stock.

Interactive Brokers Group, Inc. (IBKR) is a global leader in providing cost-effective trading execution and clearing services. Headquartered in Greenwich, Connecticut, Interactive Brokers operates across a diverse array of financial products including stocks, options, futures, forex, bonds, and funds. Their advanced technology platform offers seamless electronic access to over 100 markets worldwide through a single IB Universal Account.

Interactive Brokers caters to a wide spectrum of clients including individual traders, financial advisors, proprietary trading groups, brokers, and hedge funds. The firm's robust infrastructure ensures efficient and reliable trading, making it a preferred choice in the brokerage industry.

Employing around 980 professionals in offices located in the USA, Switzerland, Canada, Hong Kong, the UK, Australia, Hungary, Russia, India, China, and Estonia, Interactive Brokers maintains a strong international presence while adhering to regulatory standards set by agencies like the SEC, FINRA, NYSE, and SFA.

Revenue Streams: Interactive Brokers generates approximately 31% of its net revenue from trading commissions, facilitating a diverse range of financial products. Net interest income from idle client cash accounts for about 64% of net revenue, while ancillary services contribute approximately 6%. Principal trading and other activities form a minor part of the revenue at around 5%.

In recent developments, the company has continued to innovate and expand its offerings to enhance user experience and stay competitive in the rapidly evolving financial markets. Interactive Brokers remains a significant player with around 70% of its revenue derived from the U.S. market and the remaining 30% from international clients.

For the latest updates and detailed information on the company’s performance, ongoing projects, and strategic partnerships, visit the news section.

News

Interactive Brokers Group to Present at BofA Securities 2024 Financial Services Conference

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Interactive Brokers Group, Inc. (IBKR) Chairman Thomas Peterffy to speak at BofA Securities 2024 Financial Services Conference on February 21st. The presentation will be available via webcast on the company's website, with a replay also accessible. Participants should log in 10 minutes prior to the start.
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Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for January 2024, includes Reg.-NMS Execution Statistics

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Interactive Brokers Group, Inc. (IBKR) reported a strong performance in January with 2.201 million Daily Average Revenue Trades (DARTs), a 11% increase from the prior year, and 12% higher than the prior month. Ending client equity of $424.0 billion was 26% higher than the prior year.
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Interactive Brokers Group Announces 4Q2023 Results

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Interactive Brokers Group, Inc. (IBKR) reported a GAAP diluted EPS of $1.48 and adjusted EPS of $1.52, with net revenues of $1,139 million and adjusted net revenues of $1,149 million for the quarter ended December 31, 2023. The company's financial highlights include an increase in commission revenue by 5%, a 29% increase in net interest income, and a 23% increase in customer accounts to 2.56 million. The effects of the currency diversification strategy increased comprehensive earnings by $139 million. The company declared a quarterly cash dividend of $0.10 per share, payable on March 14, 2024. The PR also announced a conference call with investors on January 16, 2024, to discuss its quarterly results.
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Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for December 2023, includes Reg.-NMS Execution Statistics

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Interactive Brokers Group, Inc. (Nasdaq: IBKR) reported its December Electronic Brokerage monthly performance metrics. The company achieved 1.972 million Daily Average Revenue Trades (DARTs), 13% higher than the prior year. Ending client equity was $426.0 billion, 39% higher than the prior year. Client margin loan balances were $44.4 billion, 14% higher than the prior year. Client credit balances were $104.5 billion, including $3.7 billion in insured bank deposit sweeps, 10% higher than the prior year. The company also had 2.56 million client accounts, 23% higher than the prior year. The average commission per cleared Commissionable Order was $3.17, including exchange, clearing, and regulatory fees. Other financial information included a mark to market loss of $0.3 million on the U.S. government securities portfolio for the quarter, and a gain of $8.4 million for the year ended December 31st. The value of the GLOBAL, reported in U.S. dollars, increased by 0.47% in December and increased by 0.41% for the year ended December 31st.
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Interactive Brokers Appoints Rich Repetto to its Board of Directors

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Interactive Brokers (Nasdaq: IBKR) appoints Rich Repetto as independent director, effective January 1, 2024
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Interactive Brokers Group to Host Fourth Quarter Earnings Conference Call

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Interactive Brokers Group, Inc. (IBKR) to Announce Q4 Financial Results on January 16, 2024
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Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for November 2023, includes Reg.-NMS Execution Statistics

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Interactive Brokers Group, Inc. (Nasdaq: IBKR) reported its Electronic Brokerage monthly performance metrics for November. The company saw 1.898 million Daily Average Revenue Trades (DARTs)1, 3% lower than the previous year and 2% lower than the previous month. Ending client equity was $404.3 billion, 27% higher than the previous year and 10% higher than the previous month. Ending client margin loan balances were $42.2 billion, 8% higher than the previous year.
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Interactive Brokers Expands Cryptocurrency Trading to Retail Investors in Hong Kong

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Interactive Brokers (IBKR) becomes the first SFC-licensed securities broker to allow retail clients to trade cryptocurrencies in Hong Kong. Clients can now trade cryptocurrencies like Bitcoin and Ethereum, along with stocks, options, futures, currencies, bonds, mutual funds, ETFs, event contracts, cryptocurrency futures, and futures options, all from a single account and interface. The platform offers centralized cash management and low commissions, making it a cost-effective and convenient option for investors.
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Interactive Brokers Group to Present at Goldman Sachs US Financial Services Conference

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Interactive Brokers Group, Inc. (IBKR) Chairman Thomas Peterffy to Speak at Goldman Sachs US Financial Services Conference
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Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for October 2023, includes Reg.-NMS Execution Statistics

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Interactive Brokers Group, Inc. (Nasdaq: IBKR) reported its Electronic Brokerage monthly performance metrics for October. Key highlights include 1.934 million Daily Average Revenue Trades (DARTs), 24% higher ending client equity of $367.2 billion, and 22% higher client accounts at 2.48 million. Average commission per cleared Commissionable Order was $3.16.
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FAQ

What is the current stock price of Interactive Brokers Group (IBKR)?

The current stock price of Interactive Brokers Group (IBKR) is $175.92 as of December 20, 2024.

What is the market cap of Interactive Brokers Group (IBKR)?

The market cap of Interactive Brokers Group (IBKR) is approximately 19.0B.

What does Interactive Brokers Group, Inc. do?

Interactive Brokers provides trading execution and clearing services across various financial products such as stocks, options, futures, forex, bonds, and funds.

Where is Interactive Brokers Group headquartered?

Interactive Brokers Group is headquartered in Greenwich, Connecticut.

What percentage of Interactive Brokers' revenue comes from trading commissions?

Approximately 31% of their net revenue comes from trading commissions.

How many markets does Interactive Brokers provide access to?

Interactive Brokers provides access to over 100 markets worldwide.

Who are Interactive Brokers' clients?

Their clients include individual traders, financial advisors, proprietary trading groups, brokers, and hedge funds.

How many employees does Interactive Brokers have?

Interactive Brokers employs around 980 professionals globally.

Which regulatory agencies oversee Interactive Brokers?

They are regulated by the SEC, FINRA, NYSE, SFA, and other regulatory bodies around the world.

What percentage of Interactive Brokers' revenue is derived from net interest income?

About 64% of their net revenue comes from net interest income.

What recent achievements has Interactive Brokers accomplished?

Interactive Brokers continues to innovate and expand its offerings to enhance user experience and remain competitive in financial markets.

How is Interactive Brokers positioned globally?

Interactive Brokers has a significant international presence with offices in multiple countries and generates about 30% of its revenue from international clients.

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Interactive Brokers Group, Inc.

Nasdaq:IBKR

IBKR Rankings

#557 Ranked by Market Cap
#1990 Ranked by Dividends

IBKR Stock Data

19.01B
105.52M
2.92%
87.33%
1.67%
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