Interactive Brokers Archives

Interactive Brokers’ Commission Revenue Rises despite Free Trades

January 20, 2021

Interactive Brokers today reported fourth-quarter earnings that beat analysts’ expectations as an increase in daily average revenue trades and customer accounts primarily supported the results, despite droppi...

Interactive Brokers Expands European Business with Entity in Ireland

December 23, 2020

Interactive Brokers Group announced today that it has established an entity in Ireland to fuel the regional growth. The broker created the new office to serve as a base for the Western European region in resp...

Interactive Brokers Opens Central Europe Office in Budapest

December 14, 2020

Interactive Brokers Group, Inc. (NASDAQ: IBKR) has established an entity called ‘of Interactive Brokers Central Europe Zrt., (IBCE)’ in Hungary as it continues to grow its international business. With the ad...

Major Trading Outage Hits Interactive Brokers and Robinhood

December 7, 2020

US traders were foiled, yet again, by an inability to place or close trades on many trading platforms during early morning trading. Up until this moment, users at Robinhood and Interactive Brokers are reporti...

Interactive Brokers Acquires 70,000 Retail Accounts from Folio

December 4, 2020

Interactive Brokers Group, Inc. (NASDAQ: IBKR) has agreed to purchase a self-directed retail brokerage segment from online custodian Folio Investing in a push to expand its reach to Main Street investors. The...

Interactive Brokers Forms New Singapore Entity

July 8, 2020

Interactive Brokers Group, a global online brokerage, has opened a new Singapore office by setting up a local entity – Interactive Brokers Singapore. Announced on Wednesday, this will enable the broker to of...

Interactive Brokers Appoints Nicole Yuen as Independent Director

June 30, 2020

Interactive Brokers Group, Inc. announced earlier today that it has appointed Nicole Yuen as an independent director to its Board of Directors, effective from the 1st of July 2020. Yuen brings to Interactive...

Interactive Brokers Loses $16 Million of Retail FX Funds in April

June 3, 2020

Data from the US securities regulator for April shows that Interactive Brokers had lost more than $16 million in retail forex deposits. After consecutive advances in its market share, the Connecticut-based co...

Interactive Brokers Posts Provisional $88m Loss from Negative Oil Prices

April 22, 2020

With US oil prices plunging into negative territory for the first time in history on Monday, and again on Tuesday, Interactive Brokers has suffered an aggregate provisionary loss of approximately $88 million,...

Interactive Brokers CEO’s 2019 Compensation Exceeded $8m

March 12, 2020

The Chief Executive Officer (CEO) of Interactive Brokers, Milan Galik, received annual total compensation of more than $8 million, a regulatory filing with the Securities and Exchange Commission (SEC) has sho...