Interactive Brokers Reports Mixed Q2 Figures as Market Making Phases Out
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Interactive Brokers Reports Mixed Q2 Figures as Market Making Phases Out
Interactive Brokers (NASDAQ:IBKR) has just reported its Q2 financial results, outlining its business statistics for the previous three months ending June 30, 2017. Despite gains in its currency diversification strategy, the group’s overall income saw a slight decline on a yearly basis as it continues to phase out its options market making.
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In terms of the brokerage’s net revenues, Q2 2017 saw a reading of $387.0 million, which was good for a jump of 3.5 percent on a quarterly basis from $374.0 million in Q1 2017. Over ... (read more)
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