BNET Industries
Market Cap:$697.3M
Last Fiscal Year Sales:$2.1B
- Public
- US
Dow Jones Description
Securities Trading
Chairman, President & CEO
Thomas PeterffyNumber of Employees 750
Peer Companies
NAICS Code Securities Brokerage: 523120
Recent Events
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Pali Research Downgrades Interactive Brokers Group IBKR to Neutral
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AXN, DDR, IBKR were Top Financial Loser Stocks
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Calyon Securities USA Inc. cuts Interactive Brokers Group Inc. to 'underperform'
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PALI Research Initiates Coverage on Interactive Brokers Group IBKR with a Buy
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Interactive Brokers profit beats analysts' estimates
News & Analysis
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interactive brokers group inc. - All News and Analysis
Interactive Brokers Falls Short in Q3
Zacks.com submits: Interactive Brokers Group, Inc.’s IBKR third-quarter earnings of 20 cents per share was substantially short of the Zacks Consensus Estimate of 32 cents. Earnings was also down 69.2% from 65 cents per share in the prior-year quarter. As the result of constrained liquidity...
Interactive Brokers Group, Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions. And we’ll go first to Rich Repetto with Sandler O'Neill. Rich Repetto - Sandler O'Neill I guess the first question is, it seems from on the market marker there was a couple of things, that if you put it in broad terms, the...
Interactive Brokers: Stock Price Propelled Higher by Earnings
Zachary Scheidt submits: Interactive Brokers IBKR reported earnings late last week and although both revenue and EPS were both below levels from last year, the stock shot up 10% on Friday Call Transcript. For the second quarter, revenue was $332.1 million compared to $395.5 million in the second...
Interactive Brokers Group, Inc. Q2 2009 Earnings Call Transcript
Interactive Brokers Group, Inc. IBKR Q2 2009 Earnings Call Transcript July 23, 2009 5:30 pm ET
Interactive Brokers Group, Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions We’ll hear first from Rich Repetto with Sandler O'Neill. Rich Repetto – Sandler O'Neill Good evening, Thomas and Paul. Paul Brody Hi, Rich. Thomas Peterffy Good evening. Rich Repetto – Sandler O'Neill I guess the first question is on this -- the October...
Interactive Brokers: Making Profits on a Stock That Goes Nowhere
Paul Price submits: Sometimes opportunity presents itself in unexpected ways. Here is one of those quirky plays that seems ‘too good to be true’ but is actually available right now. The underlying stock is Interactive Brokers Group IBKR. This is how the company describes itself: by Paul Price
Interactive Brokers Group, Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions The first question comes from the line of Rich Repetto – Sandler O'Neill. Rich Repetto – Sandler O'Neill I guess the question is about the significantly lower EPS than you reported in the last several quarters. So I am just trying...
Interactive Brokers: Navigating Turbulent Waters
Zachary Scheidt submits: Interactive Brokers Group, Inc. IBKR reported earnings last week and the stock sold off nearly 12%. It appears that even though the company reported record fourth quarter profits, investors were still concerned about the risk in financial stocks. This risk is certainly nothing...
Interactive Brokers Group, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions And we will go first to Ed Ditmire with Fox-Pitt Kelton. Ed Ditmire – Fox-Pitt Kelton Good afternoon. Paul Brody Hi, Ed. Ed Ditmire – Fox-Pitt Kelton Can you talk at all about what kind of decision process you guys are going through when you...
Interactive Brokers: Getting Richer by Getting 'Broker'
Paul Price submits: The wild market conditions of 2008 have created unprecedented trading volumes in equities, futures and options. I think it’s time to own one of the healthy ‘transactional’ brokers - the computer-based firms that cater to the trading crowd. They don’t hold inventory of...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Thomas A. Frank | CIO & Executive Vice President |
| Milan Galik | Senior Vice President, Software Dev |
| David Battan | General Counsel & Vice President |
| Steve Sanders | Vice President, Business Development & Marketing |
| Gerald Perez | Managing Director |
| Mike Domka | Managing Director |
| Bernie Rice | Director, Sales Engineering |
| Dawn Sun | Reg Sales Director |
| Greg Novak | Sales Director |
| Isabelle Clary | Director, Communications |
| Steve Kelsey | Reg Sales Director |
| Barbara Schmidt-Bailey | Senior Product Manager |
| Timothy E. Rogers | Controller |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Thomas Peterffy | Chairman, President & CEO |
| Earl H. Nemser | Board of Directors |
| Earl H. Nesmer | Vice Chairman |
| Hans R. Stoll | Board of Directors |
| Ivers W. Riley | Board of Directors |
| Lawrence E. Harris | Board of Directors |
| Paul J. Brody | Board of Directors |
| Philip Defeo | Board of Directors |
| Sean Flynn | Board of Directors |
* Emigrated to the U.S. from Hungary in 1965. * Became a member of the American Stock Exchange in 1977 as an individual floor trader after working for 10 years as a computer programmer. * Pioneer in the advancement of options markets and electronic trading. Influential in the formation and structuring of the Boston Option Exchange (BOX) and the International Securities Exchange (ISE).
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Chairman, President & CEO | Current |
* Joined Timber Hill in 1985. * Responsible for the development and maintenance of the Company's trading, processing, and communications systems. Presently, he concentrates on development of brokerage systems. * Ph.D. in Physics from MIT 1985.
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | CIO & Executive Vice President | Current |
| Interactive Brokers Group LLC | Board of Directors | Former |
* Joined in 1990 as a software developer. * The head of software development for trading and risk management systems, as well as certain facets of IB’s brokerage system (exchange interfaces, smart-routing and front-end). * M.S. from Technical University of Budapest in communications engineering with emphasis on digital signal processing.
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Senior Vice President, Software Dev | Current |
| Interactive Brokers Group LLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | General Counsel & Vice President | Current |
| Interactive Brokers Group LLC | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Vice President, Business Development & Marketing | Current |
| Interactive Brokers Group LLC | Director, Business Development | Former |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Managing Director | Current |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Managing Director | Current |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Director, Sales Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Reg Sales Director | Current |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Sales Director | Current |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Director, Communications | Current |
| Interactive Brokers Group LLC | Director, Communications | Former |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Reg Sales Director | Current |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Senior Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Controller | Current |
* Special Counsel to the law firm Dechert LLP. * Specializes in commercial counseling and litigation with an emphasis on securities and commodities law. * J.D., magna cum laude, from Boston University School of Law. * B.A. in Economics from New York University.
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Board of Directors | Current |
| Interactive Brokers Group LLC | Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Vice Chairman | Current |
| Interactive Brokers Group LLC | Board of Directors | Former |
* Professor of Finance and Director of the Financial Markets Research Center at the Owen Graduate School of Management, Vanderbilt University since 1980. * Member of the Board of Directors of the Option Clearing Corporation, 2005 - 2008. * A.B. degree from Swarthmore College in 1961. * M.B.A. and Ph.D. degrees from the Graduate School of Business of the University of Chicago in 1963 and 1966, respectively. * Fellow of the American Finance Association.
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Board of Directors | Current |
* Special advisor to the International Securities Exchange, formerly Chairman from 2002 – 2006. * From 1994 - 1997, and again from 1999 - 2000, served as Chief Executive of the Hong Kong Futures Exchange and Chairman of the HKFE Clearing Corporation. * From 1986 – 1993, served as Senior Executive Vice President in charge of all derivatives activity at the American Stock Exchange. * Served as Executive VP of the NYSE from 1983 – 1986. * Bachelor of Science degree in finance from UCLA in 1955. * Completed Advanced Management Program at Harvard in 1986. * In 2005 named to FIA Futures Hall of Fame and received Options Industry Lifetime Achievement Award.
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Board of Directors | Current |
* Professor of Finance and Business Economics, and director of the Center of Investment Studies at the University of Southern California, where he holds the Fred V. Keenan Chair in Finance at the Marshall School of Business. * Serves as a director of the Clipper Fund and as the research coordinator of the Institute for Quantitative Research in Finance. * From 2002 – 2004, served as the Chief Economist of the U.S. Securities and Exchange Commission. * Ph.D. in Economics, University of Chicago 1982.
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Board of Directors | Current |
Mr. Brody began his career at Timber Hill in 1987 as Treasurer. As the business grew internationally, he became Chief Financial Officer for both Timber Hill and Interactive Brokers Group. Mr. Brody was a key contributor to the Group's expansion from a U.S.-based options market maker to an international financial services firm. Prior to joining Timber Hill, Mr. Brody spent five years with Mocatta Metals Corporation, an international commodities trading firm. Mr. Brody holds a B.A. degree in economics with distinction from Cornell University.
| Organization | Position | Status |
|---|---|---|
| The Options Clearing Corp. | Board of Directors | Current |
| Interactive Brokers Group LLC | Board of Directors | Current |
| Timber Hill Inc | Chief Financial Officer | Former |
| Interactive Brokers Group LLC | Cfo, Treasurer & Secretary | Former |
| Cornell University | B.A. Degree In Economics With Distinction | Former |
| Organization | Position | Status |
|---|---|---|
| Interactive Brokers Group LLC | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Timber Hill Inc | Trader | Current |
| Longitude Co | Board of Directors | Current |
| Interactive Brokers Group LLC | Board of Directors | Current |
| Interactive Brokers Group LLC | Member | Current |
| Interactive Brokers Group LLC | Member | Current |
| ISE Limited | Director | Former |
| International Securities Exchange, Inc. | Board of Directors | Former |
| University of California, Irvine | B.S. | Former |
Executive News
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Interactive Brokers Announces Online Stock Trading on the National Stock Exchange of India (NSE)
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