Interactive Brokers Group (IBKR) Company Report

Interactive Brokers (IBKR) has launched mini-sized Bitcoin and Ether futures contracts with Coinbase Derivatives, available for trading on its platform.
These new products offer monthly expirations or perpetual contracts, providing eligible clients with a cost-effective way to gain cryptocurrency exposure and manage risk within a regulated framework.
The mini-sized contracts (0.01 Bitcoin or 0.10 Ether) are designed to reduce entry costs and allow for precise position sizing, while perpetual futures aim to track spot prices and reduce the need for frequent rollovers.
Trading for these Coinbase Derivatives products is available 24 hours a day, 7 days a week, except for scheduled maintenance.

5 days ago

Press Release

Interactive Brokers Group Discusses Macro Outlook, Growth Strategy, and New Initiatives at Bank of America Conference

IBKR

New Projects/Investments

Product Launch

Revenue Acceleration/Inflection

Chairman Thomas Peterffy anticipates a strong economy with limited interest rate reductions (maximum 0.5 point), which would reduce IBKR's net income by $200 million annually.
The company expects to maintain 30% account growth, with the mean customer account value stable at approximately $180,000, indicating no significant shift towards smaller, less active accounts.
Interactive Brokers is highly optimistic about prediction markets, viewing them as a major future development, and is expanding its crypto capabilities, including upcoming crypto transfers, primarily to serve existing clients.
IBKR maintains a high operating margin of nearly 80% and prioritizes organic growth, with the balance sheet expected to continue expanding, over M&A.
In 2025, IBKR's individual customers outperformed the S&P by 1.3%, wealth management clients by 2.67%, and hedge funds by 11%.

6 days ago

Transcript

Interactive Brokers Discusses Growth, Strategic Priorities, and Market Outlook

IBKR

New Projects/Investments

Revenue Acceleration/Inflection

Guidance Update

Interactive Brokers anticipates maintaining its 30% account growth and reports a current mean customer account value of approximately $180,000.
The company's operating margin is nearly 80%, with management suggesting it may not increase further as they plan to invest more in new products and services.
A potential 0.5 point drop in short-end interest rates could impact IBKR's net income by $200 million for the year.
IBKR is extremely bullish on prediction markets and is expanding its crypto offerings, including crypto transfers going live within weeks, and holds a 30% ownership stake in Zero Hash.
In 2025, IBKR's individual customers outperformed the S&P by 1.3%, wealth management customers by 2.67%, and hedge funds by 11%.

6 days ago

Transcript

Interactive Brokers Group Discusses Growth, Economic Outlook, and Strategic Initiatives at Bank of America Conference

IBKR

New Projects/Investments

Revenue Acceleration/Inflection

Guidance Update

Interactive Brokers Group (IBKR) anticipates maintaining 30% account growth and emphasizes its competitive advantage through best execution, not selling order flow, and paying interest on client cash.
Chairman Thomas Peterffy foresees a strong economy with limited interest rate reductions, noting a 0.5 percentage point drop would reduce IBKR's net income by $200 million annually.
IBKR is "extremely bullish" on prediction markets via ForecastEx and is expanding its crypto offerings by partnering with Paxos and Zero Hash (owning 30% of Zero Hash) to provide access to established cryptocurrencies for existing clients.
The company maintains a high operating margin of almost 80%, which is among the highest in its coverage, with potential for future investment in new products and services.

6 days ago

Transcript

Interactive Brokers launches Coinbase-powered nano crypto futures

IBKR

Product Launch

New Projects/Investments

Interactive Brokers (IBKR) has launched nano Bitcoin (0.01 BTC) and nano Ethereum (0.10 ETH) futures via Coinbase Derivatives.
These futures are offered in monthly-expiration and perpetual-style formats, tradable 24/7 on a regulated exchange, and are designed to lower capital requirements and allow finer position sizing.
The new offering enables IBKR's more than 4.5 million clients to access crypto exposure within their existing brokerage accounts, aligning with a broader institutional push into derivatives, as decentralized perpetuals trading surged to nearly $8 trillion in 2025.

6 days ago

Morningstar

Interactive Brokers Launches Coinbase Derivatives Crypto Futures

IBKR

Product Launch

New Projects/Investments

Interactive Brokers (IBKR) has launched Coinbase Derivatives, LLC nano Bitcoin and nano Ether futures contracts for trading on its platform.
These new products offer monthly expirations or perpetual-style contracts, providing a cost-effective way to gain cryptocurrency exposure and manage risk within a regulated framework, with 24/7 trading available.
The nano-sized contracts (0.01 Bitcoin and 0.10 Ether) are designed to lower entry costs, allow for more precise position sizing, and come with lower margin requirements.

6 days ago

Press Release

Interactive Brokers Discusses Growth, Innovation, and Capital Strategy at UBS Conference

IBKR

New Projects/Investments

Revenue Acceleration/Inflection

Dividends

Interactive Brokers (IBKR) reported 32% account growth for 2025, exceeding expectations, driven by all five segments and increased advertising efforts.
The company leverages its technological advantage to operate as a low-cost provider, achieving a 79% profit margin and an 89% Gross Transactional Profit on net trade revenue.
IBKR is actively expanding into new areas, including Forecast Contracts (launched August 2024), enhanced crypto capabilities, and the deployment of AI for efficiency.
Strategic initiatives include exploring an OCC National Trust Charter Bank and a European bank license to expand services and optimize capital, while maintaining a conservative risk management approach with $20 billion in capital.
For shareholder returns, IBKR targets a 0.5%-1% dividend return and is not considering share buybacks due to its 26% public float, focusing instead on organic growth over M&A for other electronic brokers.

7 days ago

Transcript

Interactive Brokers Group Discusses Growth, Innovation, and Strategy at UBS Conference 2026

IBKR

New Projects/Investments

Revenue Acceleration/Inflection

Dividends

Interactive Brokers Group (IBKR) reported 32% account growth for 2025, exceeding expectations, with all five client segments growing rapidly. The company is increasing its advertising spend by approximately 50% over the last couple of years to further expand its individual client base.
IBKR is actively investing in new initiatives, including Forecast contracts (launched in August 2024), expanding crypto capabilities through partnerships, and exploring OCC National Trust Charter bank and European bank licenses to enhance custody offerings and capital efficiency.
The company maintains its strategy as a low-cost provider for professional traders and investors, with the commission business being its primary revenue driver. IBKR achieves an 89% gross transactional profit and employs conservative risk management, resulting in minuscule losses on bad debt.
IBKR is deploying AI in client service to improve efficiency and has made AI tools available to all staff to enhance job performance. For shareholder returns, the company has increased dividends targeting a 0.5%-1% return but is not considering share buybacks due to its ownership structure.

7 days ago

Transcript

Interactive Brokers Discusses Growth, Innovation, and Capital Strategy at UBS Conference

IBKR

New Projects/Investments

Revenue Acceleration/Inflection

Dividends

Interactive Brokers manages nearly $780 billion in client equity and executes over 4 million trades per day, reporting 32% account growth in 2025.
The company is actively investing in new growth areas, including the launch of forecast contracts in August 2024, expanding crypto capabilities in response to client demand, and deploying AI to enhance client service and internal efficiency.
IBKR maintains a strong financial model with a gross transactional profit of 89% and a conservative risk management approach resulting in minuscule bad debt losses.
Strategically, the company holds over $20 billion in capital and targets a 0.5%-1% dividend yield, while exploring U.S. and European bank licenses for further business expansion and capital efficiency.

7 days ago

Transcript

Interactive Brokers Group Reports January 2026 Brokerage Metrics

IBKR

Revenue Acceleration/Inflection

Interactive Brokers Group reported 4.411 million Daily Average Revenue Trades (DARTs) in January 2026, which is 27% higher than the prior year and 30% higher than the prior month.
The company's client accounts reached 4.539 million, representing a 32% increase from the prior year and 3% increase from the prior month.
Ending client equity stood at $814.3 billion, up 38% from the prior year, and ending client margin loan balances increased to $91.2 billion, a 41% rise compared to the prior year.
The average commission per cleared Commissionable Order was $2.62 in January 2026, and the total cost for IBKR PRO clients executing U.S. Reg.-NMS stocks was approximately 1.9 basis points of trade money.