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Interactive Brokers Group (FRA:KY6) Accounts Payable & Accrued Expense for Financial Companies


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What is Interactive Brokers Group Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Interactive Brokers Group (FRA:KY6) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Interactive Brokers Group Inc (FRA:KY6) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Traded in Other Exchanges
Address
One Pickwick Plaza, Greenwich, CT, USA, 06830
Interactive Brokers is an online brokerage that generates trading commissions (around 43% of net revenue) from facilitating trading in a wide range of products, including equity, options, futures, foreign exchange, bonds, mutual funds, and ETFs. Interactive Brokers also generates net interest income (about 54% of net revenue) from idle client cash and earns fees (about 6% of net revenue) from ancillary services. Principal trading and other miscellaneous activities are small (about negative 3% of net revenue). The firm derives about 70% of its net revenue from the U.S. and 30% from international markets.