The Brokerage That Makes More From Fewer Clients Is Interactive Brokers Still Undervalued?

Image for article The Brokerage That Makes More From Fewer Clients Is Interactive Brokers Still Undervalued?
News Source : Yahoo Entertainment

News Summary

  • Interactive Brokers is a global leader in electronic trading, known for its technology-driven, ultra-low-cost platform spanning stocks, options, futures, forex, bonds, and more.
  • Unlike flashy apps that gamify trading, Interactive Brokers has historically targeted a more professional investor base: active traders, hedge funds, financial advisors, and institutions.
  • The company offered over 8,200 forecast contracts (up 27% from last quarter) on its platform, and volumes traded in these grew 165% in Q3.
This article first appeared on GuruFocus.In July, I laid out the case for why Interactive Brokers (NASDAQIBKR) stood apart by focusing on fewer, richer clients. Since then, the thesis has held up [+15806 chars]

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