Interactive Brokers Stock Rallies After Q2 Earnings Report: Here's Why
1. IBKR's Q2 earnings of 51 cents exceeded expectations of 45 cents. 2. Quarterly revenue rose 21% to $1.48 billion, surpassing estimates. 3. Commission revenue jumped 27% due to increased trading volumes. 4. Customer trading volumes significantly increased across major asset classes. 5. Total customer accounts grew 32% to 3.87 million this quarter.