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Interactive Brokers Group (XBUL:KY6) Policy Acquisition Expense


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What is Interactive Brokers Group Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.

Interactive Brokers Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Interactive Brokers Group Inc (XBUL:KY6) » Definitions » Policy Acquisition Expense
Comparable Companies
FUTU LPLA TW HLI JEF XP SF EVR MKTX ETOR MS GS SCHW HOOD ASX:MQG SHSE:600030 SHSE:601211 BSP:BPAC3 SHSE:601066 SHSE:601688
Traded in Other Exchanges
IBKR:USA IBKR:Mexico KY6:Germany KY6:Germany
Address
One Pickwick Plaza, Greenwich, CT, USA, 06830
Website
https://www.interactivebrokers.com
Interactive Brokers is a large, automated, retail and institutional brokerage that boasted nearly $570 billion in customer equity at the end of 2024. The company cut its teeth as a market maker, introducing US financial markets to automated and algorithmic training before expanding into brokerage services in 1993. The firm has a wide-ranging client base, with its best-in-class order execution and extremely low margin lending rates catering to a sophisticated audience of hedge funds, proprietary traders, and introducing brokers that account for about 45% of the firm's commissions. With operations spanning more than 160 electronic exchanges, 36 countries, and 28 currencies, Interactive Brokers caters to a global clientele, with more than 80% of active accounts sitting outside the US market.