“Interactive Brokers continues to be at the forefront of transparency in the securities lending market,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “The new Securities Lending Dashboard is a straightforward tool for advanced traders and hedge fund clients seeking to analyze p...
We break down our net interest margin on Page 8. Total GAAP net interest income was $295 million for the quarter and $1.15 billion for the year, both up over 30% from a year ago, reflecting, in particular, increases in margin lending and securities lending. Average margin loan balances w...
Interactive Brokers continues to strengthen its offering with access to worldwide markets, improved trading platforms and more no-transaction-fee mutual funds. Best For Active trading Tradable securities Margin rates Minimum Balance $0 Cost per stock trade ...
Interactive Brokers also offers several unique programs designed to enhance the investment experience and provide additional income opportunities: Stock Yield Enhancement Program: This program allows IBKR clients to earn extra income on the fully paid shares held in their accounts by lending them out to...
quarter. As always, we plan to hold these securities to maturity. So these gains and losses are temporary, but as brokers unlike banks, GAAP rules require us to mark these securities to market in our financial reporting. This is one of our non-GAAP items that we consider to be non...
Furthermore, net interest income increased 31% year-over-year due to higher-margin loan balances and strong securities lending activity. Notably, the pretax profit margin grew 200 bps to 66% during the quarter. Wall Street’s Take Following the Q4 results, Jefferies analyst Daniel Fannon reitera...
When you go to Interactive Brokers’ website, you see a red “Open Account” button on the top right. Don’t go there when you’re trying to open a trust account. You also see a prominent link on the homepage. Don’t go there either when you’re trying to open a trust account. ...
Interactive Brokers (IBKR) has a Smart Score of 10 based on an analysis of 8 unique data sets, including Analyst Recommendations, Crowd Wisdom, and Hedge Fund Activity.
Both IBKR and TDA offer features not available at all brokers, such as securities lending and portfolio margining. There are some differences between the brokers, such as IBKR’s support for fractional share trading, which is unavailable at TDA. However, TD Ameritrade offers backtesting, which ...
, where IBKR uses customer securities for securities lending operations. This entails IBKR using, with permission, a customer’s stocks for the purpose of lending them to a short seller. IBKR shares the revenue generated from securities lending with the account owner that lent IBKR the securities...