Why trust NerdWallet’s reviews: Read our methodology Over 60 investment account providers reviewed and rated by our expert Nerds. More than 50 years of combined experience writing about finance and investing. Hands-on testing of the account funding process, provider websites and trading platforms. How do we review brokers? NerdWallet’s comprehensive review process evaluates and ranks

What Is Sub-Penny Trading? Sub-penny trading is a practice where brokers and dealers trade in unseen, unregulated markets in increments of less than a penny. They trade through wholesalers, dark pools, and lit exchanges. The Sub-Penny Rule (SEC Rule 612) of 2005 prevents exchanges governed by the U.S. Securities and Exchange Commission (SEC) from quoting

Interactive Brokers announced the opening of a new office in Dubai International Financial Center (DIFC). Through this new office, Interactive Brokers will establish its presence in the Middle East, complementing its existing strategy of providing global clients with a cost-effective brokerage service that easily facilitates access to global markets trading. Active traders, high-net-worth investors, and

Futures & Options (F&O) Insights for Wednesday, October 16, 2024: The NSE Nifty 50 index yet again failed to hold on the intra-day gains, and eventually settled around the 25,000-mark on Tuesday. October is a longer monthly expiry, with yet another two weeks to go. Trading volumes off late have been on the

For the quarter ended September 2024, Interactive Brokers Group, Inc. (IBKR) reported revenue of $1.37 billion, up 19.2% over the same period last year. EPS came in at $1.75, compared to $1.55 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.32 billion, representing a surprise of +3.30%. The company

Interactive Brokers Group, Inc. (IBKR) came out with quarterly earnings of $1.75 per share, missing the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.69%. A quarter ago, it was

After-Hours Stock Movers: United Airlines (UAL) rose 0.5% after it reported third quarter results that topped consensus estimates and approved a $1.5 billion buyback program, its first since 2020. Management noted that revenue trends improved as the industry reached an inflection point in the quarter with unprofitable capacity exiting the market. J.B. Hunt Transport Services

NEW YORK – Interactive Brokers (NASDAQ:) Group, Inc. (NASDAQ:IBKR) reported third-quarter earnings that missed analyst expectations, sending shares down nearly 4% in after-hours trading on Tuesday. The automated global electronic broker posted adjusted earnings per share of $1.75 for the quarter ended September 30, falling short of the $1.81 consensus estimate. However, revenue came in

GAAP Diluted EPS of $1.81, Adjusted1 EPS of $1.75 GAAP Net Revenues of $1,365 Million, Adjusted Net Revenues of $1,327 Million GREENWICH, Conn., October 15, 2024–(BUSINESS WIRE)–Interactive Brokers Group, Inc. (Nasdaq: IBKR), an automated global electronic broker, announced results for the quarter ended September 30, 2024. Reported diluted earnings per share were $1.81 for the

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter? Let’s take a look at what these Wall Street heavyweights have to