IBKR - Interactive Brokers Group, Inc.
| Previous Close | 46.27 |
| Open | 46.35 |
| Bid | 46.53 x 800 |
| Ask | 46.58 x 1100 |
| Day's Range | 46.25 - 46.93 |
| 52 Week Range | 44.50 - 59.32 |
| Volume | 165,837 |
| Avg. Volume | 453,814 |
| Market Cap | 19B |
| Beta (3Y Monthly) | 0.77 |
| PE Ratio (TTM) | 28.94 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.40 (0.85%) |
| Ex-Dividend Date | 2019-11-27 |
| 1y Target Est | N/A |
- Insider Monkey
Hedge Funds Watching Interactive Brokers Group, Inc. (IBKR) From Afar
The market has been volatile in the last few months as the Federal Reserve finalized its rate cuts and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by more than 10 percentage […]
- Yahoo Finance
Broker wars go crypto as Thiel-backed startup BlockFi offers free trades
New Jersey-based BlockFi is extending their services to allow customers to trade their cryptocurrencies with zero fees attached.
- Benzinga
Less Money? No Problem! Interactive Brokers Taps Fractional Share Trading, Tech-Centric Diversification
Interactive Brokers is a deep-discount electronic access broker for online equities, options, futures and forex trading. In September, the firm began offering commission-free U.S. stock and ETF trading via a new service, IBKR Lite.
- Yahoo Finance
TD Ameritrade deal was 'executed brilliantly' by Charles Schwab: Expert
Charles Schwab announced on Monday it will buy rival TD Ameritrade in a deal valued at roughly $26 billion.
- Benzinga
Benzinga Pro's Top 6 Stocks To Watch For Mon., Nov. 25, 2019: TSLA, UBER, IBKR, XRX, DIS, EBAY
Benzinga Pro's Stocks To Watch For Monday Tesla (TSLA) - Shares were up nearly 4% Monday morning following weekend news the company's Cybertruck reached about 200,000 in pre orders. The company offered ...
- TEST Business Wire Releases
Interactive Brokers Offering Fractional Share Trading
Interactive Brokers is offering Fractional Share trading, broadening access to more expensive stocks and facilitating portfolio diversification.
- Yahoo Finance
Charles Schwab-TD Ameritrade deal would be the latest in a long series of broker mergers
Two giants in the retail brokerage industry are reportedly set to merge into one behemoth, triggering further industry consolidation amid the race to $0 trading fees.
- MarketWatch
Here’s how Charles Schwab and TD Ameritrade stack up amid reports of a blockbuster discount-brokerage merger
Charles Schwab Corp. is reportedly in talks to acquire TD Ameritrade Holding Corp. in a monster deal that could send ripples throughout the brokerage world as the two biggest discount brokers attempt to combine, creating a brokerage behemoth.
- Zacks
What Schwab's TD Ameritrade Buyout Plan Means to Peers
Schwab's (SCHW) potential merger deal with TD Ameritrade is likely to be a game-changing development in the online brokerage space.
- Kiplinger
Schwab, TD Ameritrade Could Trigger Spate of Brokerage Buyouts
Reports of possible merger is just the latest disruption in the online brokerage arena
- Bloomberg
Charles Schwab Takes Charge in Brave New Zero-Fee World
(Bloomberg Opinion) -- You have to hand it to Charles Schwab Corp. As the market leader in the online brokerage industry, the company seems to have realized the inevitable endgame of zero fees and consolidation and decided that it really ought to get on with it.Schwab, just seven weeks after rocking Wall Street by announcing plans to eliminate commissions for U.S. stocks, exchange-traded funds and options, is now set to buy rival TD Ameritrade Holding Corp. for $26 billion, according to reports Thursday. The combined company would have an impressive $5 trillion of assets and be better equipped to step forward into this new, no-fee world than competitors such as E*Trade Financial Corp. and Interactive Brokers Group Inc. The concept of a first-mover advantage usually applies to marketing, but it’s a relevant way to think about Schwab’s strategy, too. By staying ahead of the competition, Schwab is reshaping the discount brokerage space on its terms rather than waiting to react to any changes. Bloomberg News’s Annie Massa smartly broke down the various brokerage companies’ commissions as a percentage of net revenue in 2018, which makes it obvious why Schwab chose to take the plunge toward zero fees: It stands to reason that Schwab’s calculus went something like this:Yes, our stock price will take a big hit when we announce that we’re eliminating commissions (it did, dropping to the lowest since 2016 last month). But the short-term pain will be worth it because our rivals will have no choice but to follow suit (as they did within days). Because they depend on fees much more than we do, investors should sell our competitors’ shares to a greater extent (this happened, too). That will put us in a position to more cheaply execute the next phase of our plan, which is to grow. (It’s possible Schwab already had this deal in mind after TD Ameritrade announced in July that Chief Executive Officer Tim Hockey would leave by the end of February 2020.)Investors expressed approval of Schwab’s decision, lifting its shares as much as 13.9% on Thursday to the highest in more than a year. It’s not as if purchasing TD Ameritrade will solve all that ails the company and the online brokerage industry. But, like the consolidation in the mutual-fund space, it ensures survival. And in an era of rapid technological change on Wall Street, living to see another day and having the size and scope to keep pace with advancements is critically important. What’s next for Schwab? My Bloomberg Opinion colleague Nir Kaissar posited last month that the only option seems to be a more urgent push into financial advisory services. That will most likely be more of a grind for the company compared with the big splashes of the past two months. Schwab is competing with other market stalwarts like Fidelity Investments and Vanguard Group Inc., which are more difficult to push around than its discount broker rivals.Still, even if this is the last big move for now from Schwab, it has been a whirlwind couple of months. In two sweeping moves, the company has radically reshaped an industry and positioned itself to remain the market leader for the foreseeable future.To contact the author of this story: Brian Chappatta at bchappatta1@bloomberg.netTo contact the editor responsible for this story: Daniel Niemi at dniemi1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brian Chappatta is a Bloomberg Opinion columnist covering debt markets. He previously covered bonds for Bloomberg News. He is also a CFA charterholder.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- MarketWatch
Discount brokers surge premarket after report Schwab in talks to buy TD Ameritrade
The discount-brokerage sector rose in premarket trading Thursday after CNBC reported Charles Schwab was in talks to buy TD Ameritrade. TD Ameritrade surged 21%, Interactive Brokers rose 3.3%, and E-Trade rose 6.8%. Schwab fell 1.7%.
- Zacks
Will Rise in New Accounts Aid Online Brokers Earn More Fees?
Online brokers record a rise in new account opening in October. While this means that their strategy to attract more investors is working, it's wait and watch as to how they gain financially.
- Benzinga
Interactive Brokers Takes Aim At Free Trading, Tech Innovation, New Assets
Initially an options market making firm, Interactive Brokers Group, Inc. (NASDAQ: IBKR) is a deep-discount electronic access broker for online equity, options, futures and forex trading. In September, Interactive Brokers began offering commission-free U.S. stock and ETF trading via a new service, IBKR Lite.
- Zacks
Charles Schwab (SCHW) Records Increase in October Metrics
Charles Schwab's (SCHW) client assets in October 2019 increase year over year as well as from the prior month.
- Zacks
E*TRADE (ETFC) Reports 9% Sequential Growth in October DARTs
Rise in Daily Average Revenue Trades is likely to support E*TRADE's (ETFC) financials going forward.
- Zacks
LPL Financial (LPLA) October Brokerage & Advisory Assets Up
Steadily rising brokerage and advisory assets will support LPL Financial's (LPLA) top-line growth in the quarters ahead.
- Investopedia
Financial Sector Moves Higher as Markets Grow Optimistic
As financial stocks break out, we look at who won the discount broker battle and consider what comes next for Schwab.
- Investopedia
What's New for Online Brokers: Early November 2019 Edition
Beyond all the price cuts, a few brokers have added new features. We summarize the new offerings at Interactive Brokers, M1 Finance, and Robinhood.
- Zacks
Interactive Brokers Stock Declines on Lower October DARTs
Decline in Daily Average Revenue Trades is likely to hurt Interactive Brokers' (IBKR) top- line growth to some extent.
- Benzinga
Fidelity CEO Abigail Johnson: 'We've Been Anticipating' Zero Commissions
The rapid succession in which the major brokerage firms eliminated trading commissions in early October sent a shockwave through the market. “There's a big secular cycle in our industry where we are in a business that has, for many years now, been in a deflationary cycle where the fees on pretty much everything in financial services are trending down,” she said. Johnson made the remarks during a panel discussion led be eMoney Advisor CEO Ed O’Brien at the 2019 eMoney Summit, the industry’s premier event for planning-led financial advisory professionals.
- Investopedia
Best Stock Brokers for International Trading: November 2019
A key component of a balanced portfolio is exposure to international markets. For investors who want to trade directly in instruments traded in markets outside the U.S., a small subset of online brokers allows you to place trades on foreign markets. You’ll find stocks, bonds, futures, and currencies to trade, but be mindful of additional risks like limited liquidity and currency exchange rate fluctuations.
- Zacks
Raymond James (RJF) Q4 Earnings & Revenues Beat Estimates
Higher revenues support Raymond James' (RJF) fiscal Q4 earnings.
- Investor's Business Daily
The Zero-Fee Trade War Is Spilling Over To Bank Giants
Bank of America will expand unlimited, zero-fee stock, ETF and options trading to all members of a loyalty program.
- Investopedia
Who Wins a Brokerage Price War?
Big online brokers now know that their customers don't want to pay commissions on trades. Is zero-commission trading a good thing for retail investors?
