Benjamin Woodish
Analyst, Barclays
Replay available
Interactive Brokers Group, Inc. (NASDAQ: IBKR) Q2 2025 earnings conference call, held 2025-07-17. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:03.136 Please be advised that today's conference is being recorded. 00:00:03.136 -- 00:00:05.719 I would like to turn the call over to Nancy Stewie. 00:00:05.719 -- 00:00:08.220 Please go ahead. 00:00:09.525 -- 00:00:14.873 Thank you. Good afternoon, and thank you for joining us for our second quarter 2025 00:00:14.873 -- 00:00:20.201 earnings call. Joining us today are Thomas Pederphy, our founder and chairman, 00:00:20.201 -- 00:00:26.070 Milan Galic, our president and CEO, and Paul Brody, our CFO. 00:00:26.070 -- 00:00:30.190 I will be presenting Milan's comments on the business and all three will be available 00:00:30.190 -- 00:00:32.333 at our Q&A. 00:00:32.333 -- 00:00:36.798 As a reminder, today's call may include forward-looking statements, which represent the 00:00:36.798 -- 00:00:41.364 company's belief regarding future events, which by their nature are not certain and are 00:00:41.364 -- 00:00:47.031 outside of the company's control. Our actual results and financial condition may differ, 00:00:47.031 -- 00:00:51.877 possibly materially, from what is indicated in these forward-looking statements. 00:00:51.877 -- 00:00:55.398 We ask that you refer to the disclaimers in our press release. 00:00:55.398 -- 00:00:59.544 you should also review a description of risk factors contained in our financial reports 00:00:59.544 -- 00:01:02.246 filed with the SEC. 00:01:03.871 -- 00:01:08.919 What we experienced in the second quarter felt like a roller coaster in reverse. 00:01:08.919 -- 00:01:13.767 Instead of the market moving upward, getting to a high level, and dropping precipitously 00:01:13.767 -- 00:01:18.955 to a series of volatile ups and downs, we got the precipitous drop first, with the 00:01:18.955 -- 00:01:24.008 S&P reaching a lo...