STOCK TITAN

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
none
-
Rhea-AI Summary
Interactive Brokers (IBKR) launches fractional shares trading for Canadian stocks and ETFs, expanding its offering beyond US and European markets. Clients can now buy and sell fractional shares of all stocks and ETFs listed on the Toronto Stock Exchange and on CBOE Canada, plus eligible US and European stocks and ETFs. Fractional shares provide a simple way for investors to build a balanced portfolio and invest in shares regardless of the share price, allowing for better diversification and maximizing potential returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
none
-
Rhea-AI Summary
Interactive Brokers announces that clients can earn up to 4.83% interest on cash balances over $10,000 through their Cash Management service. Clients can also borrow at competitive rates and manage their finances from one account. The interest rate is calculated using the Fed Funds rate as the reference rate for USD minus 0.5%. IBKR's Cash Management solution offers additional features such as bill pay, debit card purchases, touchless payment, convenient deposits, and financial strength and security.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.98%
Tags
none
-
Rhea-AI Summary
Interactive Brokers Group, Inc. (Nasdaq: IBKR) announced its Q2 2023 results. GAAP diluted EPS was $1.20, adjusted EPS was $1.32. GAAP net revenues were $1,000 million, adjusted net revenues were $1,064 million. Commission revenue was unchanged at $322 million. Customer trading volume was mixed, with options contracts volume up 9% and futures contracts and stock share volumes down 3% and 28% respectively. Net interest income increased 99% to $694 million. Customer accounts increased 19% to 2.29 million. Customer equity increased 24% to $365.0 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.98%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.79%
Tags
conferences earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.32%
Tags
none

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
Security Brokers, Dealers & Flotation Companies
Link
United States of America
GREENWICH