Interactive Brokers Company Description
Interactive Brokers Group serves investors who interact with world markets, focusing on the use of technology in securities trading. It does business through electronic market-maker Timber Hill, as well as its Interactive Brokers brokerage subsidiaries; it executes some 700,000 trades daily in stocks, options, futures, foreign exchange, and corporate bonds. Customers may trade on about 70 exchanges and market centers in about 25 countries. The company caters to experienced individual and institutional investors. Large banks and brokerages can also provide the company's interface to their customers through a white-label arrangement. Founder and chairman Thomas Peterffy controls Interactive Brokers Group.
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The Company Description provides a historical perspective of Interactive Brokers's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Interactive Brokers's evolution in the marketplace.
