Media

2016 Articles


May 2016 – Financial Times – Electronic Trading Pioneer Predicts Brokerage Industry Cull

Financial Times reporter Robin Wigglesworth spoke with Interactive Brokers founder Thomas Peterffy about the future of the US brokerage industry. Peterffy told FT "The brokerage industry has become incredibly efficient. It's all about taking costs out of the system." According to Peterffy, declining revenues and increasing costs faced by US brokers suggest further consolidation in the industry. "Only one-fifth of brokerages will survive," he said. "There will be fewer and bigger firms. Trading will be extremely cheap and efficient and there will be more semi-automated trading algorithms."

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April 2016 - Global Investor Magazine – Basel Pressures Mount for Prime Brokers

The shifting regulatory landscape in the wake of the global financial crisis had major consequences for the prime brokerage industry. In an article published in Global Investor Magazine, Associate Editor Andrew Neil explores the effects of regulatory changes on prime brokers and the hedge funds they service. Neil quotes a number of industry executives, including Interactive Brokers executive vice president of marketing and product development Steve Sanders.

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April 2016 – CNBC – Pro Talks: Billionaire Wall Street pioneer Peterffy

CNBC’s Mike Santoli sat down with Interactive Brokers CEO Thomas Peterffy as part of the Pro Talks series to discuss Peterffy’s career, the evolution of electronic trading and emerging trends in technology.

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April 2016 - Finance Magnates – Clients of IB top list of most profitable retail traders in US

Multi-asset online/electronic trading knowledge hub, Finance Magnates, analyzed data reported to the CFTC by reporting Futures Commission Merchants (FCMs) for the month of April. In an article on forexmagnates.com, Victor Golovtchenko notes that, "In terms of performance by the brokerage, clients of Interactive Brokers continued to be the most savvy, once again leading traders at other brokers in terms of profitability."

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March 2016 – The Wall Street Transcript – Interview with Thomas Peterffy

Interactive Brokers chairman, founder and CEO Thomas Peterffy was interviewed by The Wall Street Transcript for the publication’s March 28, 2016 issue "Asset Management, Investment and Money Center Banks Report." Peterffy discusses areas of growth for Interactive Brokers, the company's acquisition of Covestor and challenges facing the industry at large.

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March 2016 - Barron's - Barron's 2016 Best Online Brokers Ranking

Interactive Brokers earned Barron's top rating of 4.5 stars for the sixth year in a row in Barron's 21st annual ranking of Best Online Brokers. In this year's survey, IB was named Best for Options Traders, Best for Frequent Traders and Best for International Traders. Additionally, by Barron's estimate, IB is the cheapest online broker for both occasional and frequent traders. Barron's columnist and author of the Best Online Brokers annual ranking Theresa W. Carey noted that IB's "fees are very consistently low, and the firm does not internalize orders or sell its order flow. This transparency of pricing is something we'd like to see others emulate." Interactive Brokers has been rated a low cost broker by Barron's for 15 consecutive years.

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February 2016 - Barron's - Designing the Perfect Trading Setup

Barron's columnist Theresa W. Carey polls Thomas Peterffy and other industry leaders to find out what they believe is required to create a good home trading system. Connectivity, the ideal number of computer monitors and computing power are among variables discussed.

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January 2016 - Investor's Business Daily - 2016 Best Online Brokers

Interactive Brokers was named one of the Investor's Business Daily's top five online brokers in the publication's fourth annual study of online stockbrokers. IB was ranked top five in a number of categories, including Trade Reliability, Low Commissions & Fees, Site Performance, Equity Trading Tools, Mobile Platforms/Trading, Options Trading Platform, Portfolio Analysis/Reports and ETF Choices.

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