1. Business Overview
Interactive Brokers Group, Inc. is an electronic brokerage firm. It provides a low-cost, professional-grade platform that allows individuals, traders, hedge funds, family offices, and financial advisors to trade stocks, options, futures, forex, bonds, ETFs, crypto, and other products globally.
IBKR makes money from four main sources:
Trading commissions
Net interest income on customer cash balances and margin loans
Margin lending
Ancillary fees and market data subscriptions
Approximate revenue mix:
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