Interactive Brokers Accelerating Revenue Growth and New Customer Acquisition - Crypto Offering Set to Expand!
Reading Time: 2 minutes
The online broker Interactive Brokers (IBKR) offers 150 trading venues and 28 currencies for trading stocks, options, futures, forex, and cryptocurrencies. AI and automated trading systems provide competitive advantages and better operational efficiency. The industry-leading adjusted pre-tax margin increased from 72% to 76% in the fourth quarter. Lower interest rate cuts by the Fed could continue to provide high net interest income. Barclays analysts upgraded their rating after a strong quarter from $224 to $231 (Overweight), seeing further upside...
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