Interactive Brokers Group, Inc. operates as an automated electronic broker and market maker in approximately 100 electronic exchanges and market centers worldwide. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. The company custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors. It offers custody, prime brokerage, securities, and margin lending services. The company provides electronic execution and clearing services; and market making services on exchanges and market centers, primarily in exchange-traded equities, equity options, and equity-index options and futures. Interactive Brokers Group, Inc. was founded in 1977 and is headquartered in Greenwich, Connecticut.
Q3 ER Estimates: Earnings Whisper: $0.30 Consensus: $0.32 Revenue: $346.50 Mil Date & Time of ER: Tuesday Oct 18 4:00 PM ET
Reported after close today (10/18/16) Earnings: EPS $0.30 Revenue $345M Estimates: EPS $0.34 Revenue $351M Down 0.50% after hours
Nice growth in client numbers. August 2017 metrics (https://seekingalpha.com/news/3293294-interactive-brokers-reports-august-metrics) August DARTs of 694K up 21% from July and one year ago. Ending client equity of $112.8B rose 3% M/M, and 40% Y/Y. Ending client margin loan balances of $24.3B up 3% M/M, up 49% Y/Y. Ending client credit balances of $46.8B up 13% M/M and up 13% Y/Y. 449K client accounts up 3% M/M, up 23% Y/Y.
