Interactive Brokers Reports Strong Earnings Growth

Deep News
Oct 17

In early trading on Friday, shares of Interactive Brokers (IBKR) fell by 2.8%. This decline came despite the company's strong growth report, which revealed that customer equity surpassed $250 billion, marking a 40% year-over-year increase. The firm also welcomed its 4 millionth customer and achieved a record commission revenue growth of 23%. Interactive Brokers stated its intention to continue expanding globally, particularly in the cryptocurrency trading sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10