Interactive Brokers: new Customer Boom and Trading Activities Lead to Records in Q2 – Cryptocurrency Trading Expanding!
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Interactive Brokers Group (IBKR) will continue to differentiate itself as one of the leading online brokers with comprehensive automation. The use of AI improves efficiency from account creation to trade execution, resulting in a lower need for new staff. The pre-tax profit margin remains industry-leading at 75%, and the company has achieved records in commissions, revenue, and net interest income in the second quarter, along with a pre-tax profit exceeding $1 billion for the third consecutive quarter. Since the beginning of the year, 538,000 new...
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