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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.

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FundBank announced the launch of Introduced Prime Brokerage Services in partnership with Interactive Brokers. This turnkey solution offers clients trading, clearing, custody, and reporting capabilities. Clients will have access to advanced trading technologies, comprehensive support, and cost-efficient trading. The collaboration aims to provide an unmatched and innovative client experience.
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Interactive Brokers Group, Inc. (Nasdaq: IBKR) has announced that its Chairman, Thomas Peterffy, will be speaking at the Wolfe Research Wealth Symposium on November 9th. The presentation will be available via webcast on the company's website. A replay will also be available.
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Interactive Brokers Group reports Q3 2023 earnings with diluted EPS of $1.56 and net revenues of $1,145 million
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Interactive Brokers Group, Inc. reported lower DARTs and client equity in September, but higher client margin loan balances and client credit balances. The company also saw an increase in client accounts. Average commission per cleared Commissionable Order was $3.21. The value of the GLOBAL decreased by 0.54% in September. The rolling twelve months’ average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 2.4 basis points.
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Interactive Brokers Group consolidates its European brokerage operations, merging IBCE with IBIE, expecting improvements in efficiency and retaining key talent. The decision aligns with the group's focus on operational efficiency and maintaining industry-leading profit margins. Interactive Brokers' global operations serve over two million client accounts with $377 billion in assets.
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Interactive Brokers Group, Inc. plans to announce its Q3 financial results on October 17, 2023, with a conference call at 4:30 pm (ET).
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Interactive Brokers expands Overnight Trading Hours service, now offering over 10,000 US stocks and ETFs. Clients can trade a wider variety of US equities nearly 24 hours a day, five days a week. The expansion provides clients in Asia and Europe with more trading options during local market hours. The IB SmartRoutingSM technology automatically routes orders to the optimal Overnight Trading destination.
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Interactive Brokers introduces long-term investment accounts with tax advantages for Hungarian investors
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Interactive Brokers Group reports August performance metrics
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Interactive Brokers Group, Inc. Chairman to speak at Barclays Global Financial Services Conference
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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.

Interactive Brokers Group, Inc.

Nasdaq:IBKR

IBKR Rankings

IBKR Stock Data

19.01B
105.52M
2.92%
87.33%
1.67%
Capital Markets
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