Interactive Brokers Group sets up office in Budapest
Interactive Brokers Central Europe is set to serve investors and wealth managers in a rapidly growing region.
Interactive Brokers Central Europe is set to serve investors and wealth managers in a rapidly growing region.
The acquisition follows Goldman Sachs’ purchase of Folio Financial in September this year.
Interactive Brokers reported 2,290,000 Daily Average Revenue Trades (DARTs) in November 2020, 179% higher than prior year.
Interactive Brokers expects that the resolution of the DOJ’s inquiry is not likely to have a materially adverse effect on financial results.
Thomas Peterffy, Chairman and Founder of Interactive Brokers Group, plans to sell 10 million shares of the company’s common stock.
Interactive Brokers registered 1,762,000 DARTs per day in October 2020, 10% lower than in the preceding month.
Interactive Brokers has sought to address Brexit-related risks by applying for additional licenses in Europe.
Interactive Brokers launches Impact Dashboard, which aims to help clients evaluate and invest in companies that align with their values.
Higher customer trading volumes supported the rise in Interactive Brokers’ commission revenues in the third quarter of 2020.
IBKR did not reasonably surveil hundreds of millions of dollars of its customers’ wire transfers for money laundering concerns.