Interactive Brokers Group Inc Stock Price, News & Analysis

Interactive Brokers Group (Nasdaq: IBKR) has removed all trading restrictions on options for volatile stocks including AMC, GME, and others. This decision comes after recent market fluctuations, though the options and underlying stocks are now subject to increased margin requirements that may vary with market conditions. The firm emphasizes its continuous monitoring of these volatile markets to ensure compliance and risk management.

Interactive Brokers Group (Nasdaq: IBKR) has announced a liquidation only status for options trading on AMC, BB, EXPR, GME, and KOSS due to extreme market volatility. Additionally, a 100% margin is now required for long stock positions and 300% for short positions. This situation is expected to persist until exchanges and regulators take further action. The company emphasizes its commitment to monitoring market conditions closely and may adjust the list of impacted symbols as necessary.

Interactive Brokers Group reported diluted earnings per share of $0.81 for Q4 2020, an increase from $0.57 in Q4 2019. Net revenues rose to $599 million from $500 million year-over-year. Commission revenue soared 71% to $120 million due to heightened trading volumes. However, net interest income fell 22% to $222 million due to lower interest rates. Customer accounts expanded 56% to 1.07 million, and customer equity grew 66% to $288.6 billion. A quarterly dividend of $0.10 per share was declared, payable on March 12, 2021.

Interactive Brokers Group (Nasdaq: IBKR) is set to announce its fourth quarter financial results on January 19, 2021, at approximately 4:00 pm (ET). The press release will be available on their website, and a conference call will follow at 4:30 pm (ET). Participants can join the call by dialing 877-324-1965 (U.S.) or 631-291-4512 (international) about ten minutes before it starts. Interactive Brokers provides automated trading and custody services worldwide, aiming to deliver low-cost execution and trading tools.

Interactive Brokers Group (Nasdaq: IBKR) reported strong December performance metrics. Daily Average Revenue Trades (DARTs) reached 2,301 thousand, a 198% increase year-over-year. Ending client equity climbed to $288.6 billion, marking a 66% rise. Client margin loan balances increased by 26% to $39.0 billion. Client credit balances also surged 34% to $77.7 billion. Additionally, 1,073 thousand client accounts were noted, a 56% increase year-over-year. Average commission per cleared order was $2.42. The overall trading environment remains robust with a slight loss in government securities impacting quarterly results.

Interactive Brokers Group (Nasdaq: IBKR) has received authorization from the Central Bank of Ireland for Interactive Brokers Ireland Limited, reflecting its continued expansion in Europe. The firm plans to significantly increase its staffing over the next year due to a 52% rise in client accounts. With recent offices launched in Singapore and Hungary, Interactive Brokers now operates 11 global entities, serving over one million client accounts across 220 countries. The company boasts over $8.9 billion in equity capital and is recognized for its advanced technology and low-cost brokerage services.

Interactive Brokers (Nasdaq: IBKR) has launched Interactive Brokers Central Europe Zrt. (IBCE) in Budapest, enhancing its global presence. This new office reflects the firm's commitment to expanding in Europe, where over a quarter of its accounts originate. As of November 30, client accounts increased by 52% year-over-year, primarily driven by international growth. With over $8.5 billion in equity capital and $23 billion market capital, IBKR continues to provide competitive trading and educational resources globally.

Interactive Brokers Group (Nasdaq: IBKR) announced its agreement to acquire the self-directed retail brokerage segment of Folio Investments Inc., following Goldman Sachs' acquisition of Folio Financial. The deal, set to close in January 2021, will integrate approximately 70,000 Folio customers into Interactive Brokers, boosting client accounts to 1.037 million and client equity to $268.7 billion, a 61% increase year-over-year. The acquisition is projected to add around $3 billion in client equity, enhancing services and providing access to global investment opportunities.

Interactive Brokers Group, Inc. (Nasdaq: IBKR) announces that its Chairman, Thomas Peterffy, will present at the Goldman Sachs US Financial Services Conference on December 8th at 11:20 a.m. ET. Investors can access the live webcast through the company's website, www.interactivebrokers.com/ir, with a replay available afterward.

Interactive Brokers specializes in automated trade execution and custody across over 135 markets, focusing on technology and low-cost solutions for clients including individual investors and hedge funds. In Barron’s February 2020 review, they ranked Interactive Brokers as the top online broker.