Press Releases 2006

November 27	Interactive Brokers Group, Inc. Files Registration Statement for Proposed Initial Public Offering Interactive Brokers Group, Inc. (proposed NASDAQ Global Select Market Symbol: IBKR) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of shares of its Class A common stock. All net proceeds from the sale of shares in the offering will be received by the current members of IBG LLC, the current holding company for its electronic market making and brokerage business. more
October 24	Penny Priced Options Now Available in the U.S. In the latest step in cascading transaction costs brought on by technology, as of 1:50 p.m. ET today Interactive Brokers has cut the minimum price difference for U.S. listed options from a nickel to a penny (i.e. $5 per contract to $1 per contract). Online Brokers and Direct Market Access providers have been under pressure to cut prices for several years. The listed options markets have been relatively immune, but no longer. The SEC mandated a penny pilot program beginning on the 27th of January 2007, in which the six U.S. options exchanges will have to reduce the minimum price change from 5 to 1 cent for options listed on 13 underlying stocks. Interactive Brokers is jumping the gun, and in a first for the U.S. options industry, will make penny pricing on options available as of today. more
May 8	Interactive Brokers Group Expands Its Multi-asset Worldwide Direct Platform Interactive Brokers Group (IBG), a global leader in electronic market-making and brokerage services, recently expanded its IB Universal Account by adding CME floor-traded products, CBOT floor-traded products, Swedish stocks and Japanese stocks. " Financial experts are often quoted saying 'A multi-asset worldwide direct access platform is something we will see in the future,'" said Steve Sanders, IB’s managing director of development. "However, the fact is that for four years we have been leading the industry with an innovative platform that allows direct access to stocks, options, futures, Forex, bonds, and Exchange Traded Funds (ETFs) worldwide from a single account all from the same Trader Workstation screen." more
April 19	ISE and Strategic Investors Form ISE Stock Exchange, LLC MidPoint MatchTM To Be First Product The International Securities Exchange (NYSE: ISE) today announced that it is entering the equities market through the launch of the ISE Stock Exchange LLC in partnership with key strategic investors. ISE retains majority ownership and the strategic partners have joint ownership interests in the business. The strategic investors are leading broker-dealers and members of the exchange. They are: ABC, DEF, GHI, JKL and MNO. more
April 11	Interactive Brokers Announces Winner Of First Annual Electronic Trading Olympiad Interactive Brokers Group (IBG), a global leader in electronic market-making and brokerage services, today announced the winner of its first annual electronic trading Olympiad for colleges. Since there is a shortage of top-notch technologists, IBG created the Olympiad to highlight the growing need for engineers and computer science professionals in the financial services industry. IBG is awarding $158,000 in prizes to students and another $150,000 in matching prizes to the students’ colleges. more
March 16	Interactive Brokers To Make Significant Equity Investment In OneChicago OneChicago, LLC, the all-electronic security futures exchange offering futures on more than 200 individual stocks, and Interactive Brokers Group LLC, a premier electronic broker dealer, today announced a significant equity investment in the Exchange that will drive further growth in OneChicago’s products. more
January 11	Interactive Brokers Lowers Fees for Stocks, Options Trading Interactive Brokers LLC (IB), the technology leader in global brokerage services, is introducing a new pricing structure to trade equities where high-volume customers could be charged as little as $0.001 a share, plus all external fees or rebates that will be passed on to customers. more
January 11	IB Launches Daily Options Market Statistics and Commentary Interactive Brokers (IB), the technology leader in global brokerage services, has launched a new daily options commentary providing investors and traders with information that reflects the market's expectations of future price movements. more
January 9	Interactive Brokers Lowers Fees for Stocks, Options Trading Interactive Brokers LLC (IB), the technology leader in global brokerage services, is introducing a new pricing structure to trade equities where high-volume customers could be charged as little as $0.1 cent a share, plus all external fees or rebates which will be passed on to customers. more