Interactive Brokers Group, Inc. · NASDAQ:IBKR
Interactive Brokers — Piper Sandler Global Exchange & Trading Conference 2025
31 slides from Interactive Brokers's conference presentation, Jun 5, 2025
Slide 1: Piper Sandler Global Exchange & Trading Conference
Piper Sandler Global Exchange & Trading Conference June 5, 2025 Interactive Brokers LLC Member NYSE - FINRA - SIPC
Slide 2: Disclaimer
Disclaimer Non-GAAP Financial Measures We use certain non-GAAP financial measures as additional measures to enhance the understanding of our financial results. This presentation includes the following non- GAAP financial measures: adjusted net revenues, adjusted variable expenses, adjusted fixed exp
Slide 3: Company Overview
Company Overview1 We Are a Highly Automated Electronic Broker We use our proprietary technology and international We offer a wide array of financial products on more trading experience to offer low cost, seamless global than 160 market centers in 36 countries and 28 access to an extensive range
Slide 4: Financial Strength – Strong and Growing
Financial Strength – Strong and Growing1 Consistent revenue growth Liquid balance sheet reflecting growth in client base Steady EPS growth from low cost / high margin model Solid Equity Capital and no long-term debt 1. “Interactive Brokers Group” and “IBKR” include the Group’s operating subsidiaries
Slide 5: Automation: The IBKR Advantage
Automation: The IBKR Advantage Our Superior Technology Wide Breadth of Global Products Clients can access more than 160 market centers in Award-winning platforms (desktop, mobile and web-based) 36 countries that match a client’s trading style and expertise—from APIs Single Unified Platform to
Slide 6: Automation: Financial Impact
Automation: Financial Impact Automation allows IBKR to be one of the lowest cost broker-dealers in the industry Majority of senior management are software engineers, committed to automating as many brokerage processes as possible From account opening through the entire transaction lifecycle, our
Slide 7: Growth in Global Interest in Markets
Growth in Global Interest in Markets Global securities markets in all regions The rise in global ownership of financial assets have grown significantly1 has helped fuel our account growth2 Global Market Capitalization by Region Global Financial Assets by Region 1. Source: World Federation of Exchang
Slide 8: IBKR Growth Continues
IBKR Growth Continues1 Multiple factors, including increased interest in the More accounts on our platform have led to financial markets and the growing interconnectedness of more client assets held at IBKR. investors worldwide, have propelled account growth. 1. “Interactive Brokers Group” and “IBKR
Slide 9: IBKR Growth Continues
IBKR Growth Continues1 More accounts and client equity on Higher activity translates to These help drive our industry- our highly automated platform higher revenues. leading profit margins2. mean higher activity and client engagement. Adjusted Pretax Profit Margin3 1. “Interactive Brokers Group” and
Slide 10: Net Interest Margin: Interest Rate Sensitivity
Net Interest Margin: Interest Rate Sensitivity …lower interest expense from lower Interest rate moves have a moderate Offsetting this impact is a growing rates. Because we pay interest impact on our net interest income. balance sheet, supported by healthy based on benchmark rates, changes account gr
Slide 11: Net Interest Margin: Securities Lending
Net Interest Margin: Securities Lending Higher interest rates mean interest earned on reinvesting the A Securities cash collateral received (reported in “Interest Earned on Lending Transaction Segregated Cash”) rises. has 3 parts: What is reported as “Securities Lending, Net” appears to decline, but
Slide 12: FinTech vs Financial Services
FinTech vs Financial Services Financial Services FinTech IBKR IBKR boasts industry-leading margins that surpass both financial services and financial technology companies Changes an existing Technology assists business model in Combines the best existing business finance in a material from both in
Slide 13: Professional Pricing
Professional Pricing Clients Earn Interest at Competitive Rates MARGIN RATES4,5 INTEREST • Clients can earn up to 3.83%1 on instantly BROKER RATES $25K $300K $1.5M $3.5M available cash balances over $10,000 1 • No need for separate sweep accounts, funds or Interactive Brokers 3.83% 5.83% 5.50% 5.2
Slide 14: Trade Forecast Contracts from ForecastEx
Trade Forecast Contracts from ForecastEx1,2,3 Trade a View on Political5 , Economic and Climate Indicators Available through ForecastEx exchange, our new prediction market, nearly 24 hours a day, Sunday through Friday Trade the probabilities associated with the future outcomes of political, econ
Slide 15: High-Touch Prime Brokerage Service
High-Touch Prime Brokerage Service1 Qualified hedge funds receive personalized, enhanced support: A dedicated Relationship Manager who acts as the primary point of contact Access to Subject Matter Experts in Risk and Margin, Compliance, Securities Finance, Corporate Actions, Clearing, Tax and mo
Slide 16: Overnight Trading Hours
Overnight Trading Hours1 Trade US Stocks, ETFs2, Bonds, Index Futures and Options Around the Clock React immediately to market-moving news Conveniently trade at nearly any time of day Clients globally can access US markets during their trading day Available for over 10,000 US stocks and ETFs
Slide 17: Securities Lending Dashboard
Securities Lending Dashboard Clients can access the same expanded securities lending data and key metrics for US equities that previously were only available to banks, broker-dealers and large institutional investors. Use Short Sale Data to Gauge Short Sentiment New tool to help better inform inve
Slide 18: Recent Enhancements and New Products
Recent Enhancements and New Products Nifty 50 Index Futures • The Nifty 50 Index tracks the 50 largest and most liquid companies listed on India's National Stock Exchange (NSE), including sectors such as financial services, technology, oil & gas, and consumer goods. With Nifty 50 Index Futures, indi
Slide 19: Recent Enhancements and New Products
Recent Enhancements and New Products Expanded Crypto Trading1,2,3 • Customers have access to Bitcoin, Ethereum, Litecoin,Bitcoin Cash, Solana, Cardano, Ripple and Dogecoin. Expanded Predictions Market Offering4 • Forecast Contract trading is now available in Canada and across Europe. 1. Cryptocurren
Slide 20: Consistent Recognition as an Industry Leader
Consistent Recognition as an Industry Leader IBKR’s Multiple Trading Platforms, Extensive Suite 2024 Benzinga Awards Forbes Advisor Best of 2024 Best Brokerage for Options Trading Best Online Broker for Day Trading of Advanced Trading Best Day Trading Software Best Online Broker for Traders Best P
Slide 21: Consistent Recognition as an Industry Leader (continued)
Consistent Recognition as an Industry Leader (continued) 2024 Investopedia Awards 2024 Preqin Awards 2024 Nerdwallet Best-Of Best Broker for Advanced Traders Best for International Trading Top Prime Broker Awards Best for Risk Management Best Online Broker for Advanced Traders Best for Generating St
Slide 22: IBKR Desktop: Power Meets Simplicity
IBKR Desktop: Power Meets Simplicity Next Generation Trading Platform Powerful trading capabilities in a user-friendly interface for both novice and experienced traders Simplified and streamlined design for faster, easier navigation Modern UI framework that combines aesthetics with speed and a
Slide 23: IBKR GlobalTrader
IBKR GlobalTrader1 A Streamlined Mobile App for Global Stock Trading Trade Stocks Worldwide Trade over 90 stock markets worldwide, plus options and access cryptocurrencies2 Trade and fund in 28 different currencies3 Compare relative valuations and financial metrics of stocks globally through t
Slide 24: IBKR Campus
IBKR Campus1 We remain committed to having the most informed clients, wherever they are in their investing journey. IBKR Campus is designed to assist our clients in learning more about trading, the economy, and financial markets— from the most basic educational fundamentals to sophisticated strategi
Slide 25: Superior Technology: BestX
Superior Technology: BestXTM IBKR BestXTM is a powerful suite of advanced trading technologies designed to help clients achieve best execution and maximize price improvement while minimizing market impact and maintaining complete control over their orders. For IBKR Pro clients, we do not sell custom
Slide 26: Appendix
APPENDIX 26
Slide 27: Pioneer in technology throughout the years
Pioneer in technology throughout the years Thomas Peterffy buys a Timber Hill Inc. is formed. One Ushered a new era of Extended its market seat on the AMEX, year later, it created the first computerized trading with a making system to most trading as an individual 1977 handheld computers used for 19
Slide 28: Non-GAAP Reconciliation
Non-GAAP Reconciliation Year Ended December 31, 2020 2021 2022 2023 2024 (in millions) Adjusted net revenues Net revenues - GAAP $ 2,218 $ 2,714 $ 3,067 $ 4,340 $ 5,185 Non-GAAP adjustments Year Ended December 31, Currency diversification strategy, net 19 37 100 80 15 2020 2021 2022 2023 2024 Mark-t
Slide 29: Non-GAAP Reconciliation
Non-GAAP Reconciliation Quarter Ended 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 (in millions) Adjusted net revenues Net revenues - GAAP $ 893 $ 754 $ 464 $ 603 $ 645 $ 656 $ 790 $ 976 $ 1,056 $ 1,000 $ 1,145 $ 1,139 $ 1,203 $ 1,230 $ 1,365 $ 1,387 $ 1,427 N
Slide 30: UP-C Corporate Structure
UP-C Corporate Structure Public Stockholders Members of IBG Interactive Brokers Group, Inc. (IBG, Inc.) is the public Holdings LLC company that trades on Nasdaq as IBKR. It approximately 100% economic interest owns 25.8% of the membership interests of IBG LLC 25.8% voting interest The remaining
Slide 31: Equity Capital
Equity Capital Solid Foundation for Growth and Resilience We use capital to: $17.5 B • Enter new countries • Introduce new products Capture Growth Opportunities • Support expansion of client base • M&A • Customer credits can be used to fund the bulk of Support Margin Loans our margin loans, then fin
Interactive Brokers Group — Piper Sandler Global Exchange & Trading Conference 2025 on 6ix