3 Things Interactive Brokers Group, Inc. Management Wants You to Know
One company with huge potential that may fly under the radars of some investors is Interactive Brokers Group, Inc. (NASDAQ: IBKR). Interactive Brokers began as an electronic options market maker and later developed an electronic brokerage service in the '90s, which now provides the lowest costs in the brokerage industry at only $0.01 per share on equity trades (with a $1 minimum). Another attribute Foolish investors might like is the company is majority-owned by its founder and CEO Thomas Peterffy, whose limited liability company owns 82.9% of shares. Interactive Brokers has had several good earnings reports and positive product announcements this summer, and the stock is up strongly. Here's what management wants investors to know.
IBKR 6 Month Price Returns (Daily) data by YCharts.
Source: Fool.com