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Interactive Brokers records 49% Y/Y rise in commission revenue in Q3 2020

From fxnewsgroup.com

Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has posted a set of solid metrics for the third quarter of 2020, with active trading supporting revenues. Diluted earnings per share amounted to $0.58 in the quarter ended September 30, 2020, markedly higher than the result of $0.45 for the same period in 2019. Adjusted diluted earnings per share amounted to $0.53 for this quarter compared to $0.57 for the year-ago quarter. Net revenues were $548 million and income before income taxes was $334 million this quarter, compared to net revenues of $466 million and income before income taxes of $281 ... (full story)

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